OREANDA-NEWS. In Moscow Vagit Alekperov, President of OAO LUKOIL, and Alexandr Filipenko, Governor and Chaiman of the Government of Khanty-Mansi Autonomous District Yugra, signed a supplement cooperation agreement between the Government of Khanty-Mansi Autonomous District and the Company.

The document defines the amount of financing in participatory construction of social objects in Khanty-Mansi Autonomous District municipalities in 2007.

Inter alia, OAO LUKOIL has assumed the obligation to allocate RUR 1.22 billion for these purposes. Besides, the Company will allocate RUR 30 million to participate in sponsorship of cultural and sports projects held in Khanty-Mansi Autonomous District.

On its part, the Government of Khanty-Mansi Autonomous District intends to spend over RUR 1.93 billion on development of social infrastructure in the District.

In 2005 and 2006 OAO LUKOIL and the Government of Khanty-Mansi Autonomous District Yugra spent over RUR 3.2 billion and RUR 1 billion on social projects respectively.