"LUKoil" not to reduce the amount of dividends in 2015.

The Board of Directors of "Lukoil" decided to maintain the dividend in 2015 at the level of 2014, Vagit Alekperov informs. "The payment of dividends at the level of 2014 is provided in the same amount", - he stated and added that the budget of "LUKoil" for 2015 had been drawn up in two scenarios: if the price of oil is at $ 80 and at $ 70 per barrel, the Vesti Economiki website writes.

"At the same time, we hope that in a scenario of $ 80 we will have a free cash flow in the amount of up to $ 1 billion - explains the head of the company. - That is, we believe that the measures that the company has taken to reduce costs, optimize their costs, what we were prepared for the fact that the peak of investment activities implemented in 2013-2014., And putting assets in 2015 gives company, despite the deterioration in the macroeconomic environment, the ability to ensure the stable development of the company, the expectations that are waiting for our shareholders from our activities".