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LUKOIL daily hydrocarbon production increased by 1.6%

November 24/2010

(LUKOIL) -- 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 y-o-y. 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 (grew by 26.1% y-o-y) 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 Companys refineries (including its share in throughput at ISAB and TRN refining complexes) increased by 6.7% y-o-y in nine months of 2010 and reached 49.70 mln tons. Throughputs at the Companys refineries in Russia increased by 1.1% y-o-y, throughputs at the Companys international refineries grew by 21.4% y-o-y.


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LUKOIL daily hydrocarbon production increased by 1.6%

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