Oil production by LUKOIL is up by 1.9% in Q1, 2014

Oil production by LUKOIL, inclusive of the share in the production of affiliated companies, increased by 1.9% to 22.513 million tons (166.0 mln. barrels) in the first quarter of 2014 compared to Q1, 2013. West Siberia is the main region of oil production.

There was produced 53.3% of the total volume of oil production by affiliated enterprises of the group in Q1, 2014 (56.1% in Jan-March 2013). Oil production went down by 2.8% to 11.675 million tons in January-March 2014.

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