LUKOIL Group total hydrocarbon production available for sale reached 2.14 mln boe per day in nine months of 2006, up 13.1% y-o-y, the company’s press center reports. Average production amounted to 1.92 million barrels per day, a 6.6% gain against year-on-year result. Total production of LUKOIL amounted over the reported period to 71.134 million tons of oil. LUKOIL subsidiary companies produced 68.391 mln tons of crude, up 6.9% y-o-y. Oil production from international projects increased by 54.5% y-o-y as Nelson Resources Limited was acquired at the end of 2005. Natural and associated gas output of LUKOIL Group available for sale was 9.98 bcm, which is 2.5 times more than in nine months of 2005. Natural gas output available for sale was 7.23 bcm, which is almost 6 times as much as in nine months of 2005.
LUKOIL 9M06 hydrocarbon production up 13.1% y-o-y
LUKOIL refined 39.61 mln tons of crude at the Company’s owned and third-party refineries, up 7% y-o-y. Throughputs at the Company’s owned refineries grew by 2.4% y-o-y up to 35.91 mln tons. The decrease of throughputs at the foreign refineries due to the Odessa refinery shutdown for a large-scale upgrade was almost fully offset by the growth of throughputs at the Burgas refinery.