OREANDA-NEWS. On May 31, 2007 in Moscow, Vagit Alekperov, President of OAO LUKOIL, Manfred Warda, Secretary General of IСЕМ (International Federation of Chemical, Energy Mine & General Workers' Unions), and Lev Mironov, Chairman of NGSP Russia (Russian Oil, Gas and Construction Workers’ Union) signed a third global (framework) cooperation agreement, reported the press-centre of  LUKOIL.

The first global agreement with ICEM and NGSP was signed in May, 2004. At present, LUKOIL is the only Russian company to have signed such an agreement.

By signing the agreement, LUKOIL committed itself to the UN Global Initiative as well as to the basic principles in the field of labor and environment, stated in UN and International Labor Organization conventions. In conformity with the agreement, LUKOIL plans to adhere to the principle of priority of employee health and safety over their production activity results.The Company also shares general responsibility for the impact its production activities may have on the environment and community.

‘The fact that one of the most powerful world trade union organizations and a leading Russian oil and gas trade union are ready to cooperate with us indicates that the Company complies both with the Russian labor law and the international standards of labor relations’, said Vagit Alekperov, President of OAO LUKOIL.