Lukoil to achieve utilization of 95% of associated oil gas by the end of 2014
Edited by Rhod Mackenzie / 2014-04-14 01:01:50
Lukoil is going to achieve utilization of 95% of associated oil gas by the end of 2014, the Chairman of the Board of Directors of Lukoil V. Graifer says. The come tries to meet agreement with Gazprom at the areas where pipelines can be used. Production prime cost is much higher for associated oil gas in comparison to natural gas that is why oil producers, especially Lukoil are searching the other use for associated oil gas.
