(Lukoil) -- Lukoil's net income made USD 9.006 bln in 2010, which is 28.5% higher compared to 2009. EBITDA was $16.049 mln, which is 19.1% higher y-o-y. Sales revenues were USD104.956 mln (+29.4% y-o-y). Positive dynamic of financial results was mainly due to a sharp increase in hydrocarbon prices in2010 compared to 2009.
In 2010, crude oil production of Lukoil Group totalled 95.99 mln t. Natural and petroleum gas output available for sale increased by 24.5%, to 18.55 bcm. Meanwhile, the production of gas in the major gas field - Nakhodkinskoe field - amounted to 8.15 bcm in 2010, which is 37.2% higher y-o-y. The growth was mainly due to increase in purchases of our gas by Gazprom starting from the second half of 2009.
MRC