Lukoil is going to reduce its investment program for 2015 by 12-14%

Lukoil is going to reduce its investment program for 2015 by 12-14%, or by $2 billion, the chief of the company V. Alekperov says. This reduction is connected not only with the sanctions laid on the company but also with the work executed in 2014 and the work in downstream block .

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