Lukoil 2Q Production Fell 2.3% on Quarter

Date : 08/12/2019 @ 9:19AM
Source : Dow Jones News
Stock : Pjsc Lukoil (PC) (LUKOY)
Quote : 106.66  -0.02 (-0.02%) @ 9:59PM
PJSC Lukoil share price Chart
After Hours
Last Trade
Last $ 106.53 ▼ -0.13 (-0.13%)

Lukoil 2Q Production Fell 2.3% on Quarter

Historical Stock Chart

6 Months : From Jul 2019 to Jan 2020

Click Here for more PJSC Lukoil Charts.
   By Oliver Griffin 

Lukoil PJSC (LKOH.MZ) on Monday said second-quarter production, excluding contributions from the West Qurna-2 project, fell 2.3% on quarter, following external limitations on oil output by Russian companies.

The Russian oil-and-gas company said production averaged 2.32 million barrels of oil equivalent a day, compared with 2.38 million barrels in the first quarter of the year.

For the first half of the year, total production excluding West Qurna-2, rose 2.8% to 2.35 million barrels of oil equivalent a day. The increase was mainly driven by the development of gas projects in Uzbekistan and domestic oil production growth, the company said.

Total oil production including West Qurna-2 rose on quarter to 21.8 million metric tons, Lukoil said. Second-quarter gas production fell 6.7% to 8.38 billion cubic meters, Lukoil said. The fall was attributed to seasonality, scheduled maintenance works and technical reasons.


Write to Oliver Griffin at; @OliGGriffin


(END) Dow Jones Newswires

August 12, 2019 05:04 ET (09:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest LUKOY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200125 15:01:51