Lukoil wants to increase its operations in Nigeria, the company's chief, Vagit Alekperov, told reporters.

"I had a meeting with the Nigerian oil minister today. We also agreed that in the next two or three months, a Lukoil delegation would visit the country and hold meetings with its president and oil minister about expanding our activity further," Alekperov said.

"Today we're working on two projects: one with Chevron, and we are also a major supplier of petroleum products to the Nigerian market from our European refineries. Of course we'd like to expand in that country," he said.