Lukoil to increase dividends by 15%

Lukoil intends to increase dividends on results of 2013 and 2014 at least by 15% every year, even against the background of growth of the investment amount, the company’s Vice President, Andrei Gaidamaka stated.

On the results of 2012, Lukoil paid 42.53 billion rubles ($1.3 billion) of dividends.

Besides, the company’s representative, who is cited by the agency Bloomberg, reported that the total amount of Lukoil’s expenses would decrease in the next year, but the volume of investments would be higher than in 2013.

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