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LUKOIL production increases by 1.6% in nine months of 2010


Published Nov 29, 2010
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Lukoil - Yuri Korchagin field-2

LUKOIL Group total hydrocarbon production available for sale reached 2,249 th. boe per day in nine months of 2010, which is a 1.6% increase year-on-year.

Crude oil production by LUKOIL Group in nine months of 2010 totalled 72.27 mln tons. Natural and petroleum gas output of LUKOIL Group available for sale was 13.80 bcm (an increase of 26.1% year-on-year) of which output as part of international projects totalled 3.65 bcm and output in Russia was 10.15 bcm. Increase in Group hydrocarbon production was due to a larger amount of gas sales to Gazprom and hydrocarbon production growth in international projects.

Throughputs at the Company's refineries (including its share in throughput at ISAB and TRN refining complexes) increased by 6.7% year-on-year in nine months of 2010 and reached 49.70 mln tons. Throughputs at the Company's refineries in Russia increased by 1.1% year-on-year, throughputs at the Company's international refineries grew by 21.4% year-on-year.

Tags: Lukoil




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