Rus News Journal

LUKOIL expects oil recovery growth in the Russian Federation in 2009. On 2 %

NK LUKOIL the oil recovery volume in 2009 expects. At 90,8 million level t, the head of the company Vahid Alakbarov in Kirishi (Leningrad region) has informed journalists.
As he said, it means extraction growth on 2 % in comparison with 2008. V.Alekperov has specified that it is a question of extraction only in territory of Russia, without foreign projects.
according to preliminary data, in 2008. Volume of extraction of hydrocarbons of group LUKOIL (extraction of affiliated societies and a share in extraction of the dependent organisations) has made 114,6 million t conditional fuel that on 1,5 million t more than year before.
In 2007. LUKOIL has extracted 96,6 million t oil that on 1,5 % more than in 2006., including affiliated companies have extracted 94,1 million t (growth on 2,9 %). In Russia the company has extracted 91,1 million t oil with a gas condensate.
LUKOIL - one of the largest independent oil companies in the Russian Federation. Authorised capital stock NK LUKOIL makes 21 million 264 thousand 081 rbl. 37,5 copeck and it is divided into 850 million 563 thousand 255 ordinary actions. 63,3 % of shares of company are in nominal derzhanii ING Bank (Eurasia) . The largest shareholder of LUKOIL is the president of the company Vahid Alakbarov, which, by data for May, 12th 2008., indirectly and directly 20,4 % own actions. 20 more % of actions of LUKOIL belong American ConocoPhillips.