LUKOIL production of hydrocarbons available for sale up 12.2% y-o-y
LUKOIL Group (subsidiary companies and LUKOIL’s share in output by affiliated companies) total hydrocarbon production available for sale reached 2.14 mln boe per day in 2006, up 12.2% y-o-y, the company reports.
Crude oil output of LUKOIL Group totaled 1.93 mln bpd* (up 5.8% y-o-y) or 95.235 mln tons. LUKOIL subsidiary companies produced 91.537 mln tons of crude, up 6.2% y-o-y. Oil production from international projects increased by 46.2%.
Average flow rate per oil well reached 11.23 tons per day, up 1.4% y-o-y.
Natural and associated gas output of LUKOIL Group available for sale was 13.61 bcm, which is 2.4 times more than in 2005. Natural gas output available for sale was 9.82 bcm, which is more than 5 times as much as in 2005.
LUKOIL refined 53.87 mln tons of crude at the Company’s owned and third-party refineries, up 7.5% y-o-y. Throughputs at the Company’s owned refineries grew by 3.4% y-o-y up to 48.89 mln tons. The decrease of throughputs at the foreign refineries due to the Odessarefinery shutdown for a large-scale upgrade was almost fully offset by the growth of throughputs at the Burgas refinery.