In Q4 of 2014, Lukoil’s costs per unit of hydrocarbon production in Russia fell by 23% to $4.3 per barrel
Edited by Rhod Mackenzie / 2015-03-03 01:06:41
Finance Oil and Gas Refining Russia Financial results Russia Oil and Gas Lukoil Oil Production and Refining
In the fourth quarter of 2014, unit costs of Lukoil in the production of hydrocarbons in Russia fell by 23% as compared with the same period of the previous year to $4.30 per barrel, the company reports.
Last year, in general, the unit costs of the hydrocarbon production amounted to $5.74 per barrel.