Lukoil President Vagit Alekperov says the company is anxious to get a piece of the Russian Artic shelf, which is dotted by oil deposits. Though no one is drilling yet in the Arctic, the Russian government has so far allowed only state-owned companies to offer plans.
Alekperov told reporters while announcing the company's results Thursday that he seeks a level playing field for independents.
Lukoil, which in Russia is only behind state-owned Rosneft in size, routinely gets elbowed out of potentially major deals and licenses to oil fields that the government distributes.
Its profit rose 6.2 percent to $11 billion in 2012. |