Lukoil received permission from the Federal Antimonopoly Service to purchase from Gazprom Neft 50% of Meretoyakhaneftegaz LLC, on the basis of which the companies are establishing a joint venture for the development of a large oil and gas cluster in the Yamalo-Nenets Autonomous District. The amount of the deal is ₽52 bln. Lukoil will also finance the program of geological exploration of areas for ₽8.9 bln.