Lukoil Hydrocarbon Production Rose 3.8% in 2018
February 04 2019 - 8:16AM
Dow Jones News
By Adam Clark
Lukoil PJSC (LKOH.MZ) said Monday that its average hydrocarbon
production rose 3.8% in 2018, boosted by the expansion of gas
projects in Uzbekistan.
The Russian oil-and-gas company said average production for the
year came to 2.3 million barrels of oil equivalent daily, excluding
the West Qurna-2 project in Iraq.
For the fourth quarter, average production rose to 2.4 million
barrels, up 1.9% from the preceding quarter.
Lukoil said its annual oil production was unchanged from the
prior year at 85.6 million metric tons. Gas production rose 16% to
33.5 billion cubic meters.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
February 04, 2019 08:01 ET (13:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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