London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

LUKOIL board of directors approved key indicators for 2011-2013 mid-term plan

December 01/2010

(LUKOIL) -- The OAO LUKOIL Board of Directors approved the key indicators of the LUKOIL Group 2011-2013 Mid-term Plan and also the budget and investment program for 2011. The draft plan provides for a step-by-step alignment of the petroleum product duties and the expected rise of the petroleum-product excise tax.


The draft is also based on lower duties granted to LUKOIL in the fourth quarter 2010 for the oil produced at the Yu.Korchagin and V.Filanovsky fields in the North Caspian.


At the same time, the plan does not take into account the draft law that establishes a higher Mineral Extraction Tax for gas starting from 2011, and for oil starting from 2012.


In the Refining & Marketing, the oil distribution pattern for 2011-2013 is based on a step-by-step alignment of duties for petroleum products and on optimization of crude supplies to the Companys refineries in Russia as its most efficient business, provided Transneft ensures maximum availability of its pipeline system for running the Companys oil, and also considering the limitations of the petroleum-product shipping infrastructure and the scheduled maintenance operations at the refineries.


mrcplast.com

 

LUKOIL board of directors approved key indicators for 2011-2013 mid-term plan

Tags:No
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe