Lukoil Overseas has doubled annual profit
Edited by vadim / 2013-03-21 06:57:21
In 2012, Lukoil Overseas doubled net profit by ISA to $1.4 billion, increased revenue by 45% to $2.3 billion, trade hydrocarbons production at all international upstream projects of Lukoil with exception for Tengiz by 13% to 68.4 million barrels in oil equivalent, mostly at the expense of growth in gas development on Uzbekistan. First oil production at West-Kurna 2 in Iraq is awaited in the end of 2013 or the beginning of 2014. In April 2012, they started arrangement of the first stage of the deposit within the project.
