Lukoil Ramps Hydrocarbon Production in First Half of 2010

Lukoil total hydrocarbon production available for sale reached 2,261 th. boe per day in the first half of 2010, which is a 1.8% increase y-o-y.

Crude oil production by Lukoil Group in the first half of 2010 totaled 48.14 mln tons. Natural and petroleum gas output of Lukoil Group available for sale was 9.24 bcm (grew by 25.6% y-o-y): output as part of international projects totaled 2.48 bcm, output in Russia was 6.76 bcm.

Throughputs at the Company's refineries (including its share in throughput at ISAB and TRN refining complexes) increased by 8.2% y-o-y in the first half of 2010 and reached 32.41 mln tons. Throughputs at the Company's refineries in Russia increased by 1.5% y-o-y, throughputs at the Company's international refineries grew by 26.1% y-o-y.

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Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
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