In 2013, Lukoil Overseas reduced its production by 5% to 65 million barrels of oil equivalent
Edited by Rhod Mackenzie / 2014-04-24 05:59:13
Last year, Lukoil Overseas, the operator of the foreign projects of the oil company Lukoil, produced over 65 million barrels of oil equivalent that is by 5 % less than in 2012, the Lukoil’s press release reports.
During the year, the company produced about 4 million tons of oil, about 6 billion cubic meters of commercial gas, provided about 30 % of the total gas production of Lukoil.
Last year, the company’s net profit year reached about $1 billion, decreased by 29%. The proceeds fell by 6 % to$ 3 billion and EBITDA by 26% to about $1.7 billion.
