Lukoil has agreed the budget for 2015 concerning oil price scenarios of $70-$80 per barrel
Edited by Rhod Mackenzie / 2014-11-21 12:36:27
Lukoil has admitted the budget for 2015 concerning oil price scenarios of $70-$80 per barrel, the chief of the company V. Alekperov says. The company awaits free cash flow of $1 billion if oil price is $80 per barrel.
Oil production in 2015 can be 85 million tons in 2015, or 102 million tons taking into account the western assets. Investment in 2015 can be $14 billion.
Dividends for 2014 will remain at the level of the previous year. The final dividends for 2013 were 60 rubles per stock.
