In 2014 LUKOIL discovered 14 deposits and received 18 licenses.

In 2014 14 fields were discovered as a result of exploration work, 38 oil deposits were discovered at the explored and developed oil fields. The company has received 18 new licenses for subsoil use, the press service of the company reports.

The volume of oil production increased by 7% to $ 97.2 million tons, including 86.3 million tons in Russia and 10.9 million tons abroad. The growth of oil production abroad was the result of commissioning of the "West Qurna-2" deposit in Iraq.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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