Lukoil 4Q Production Rose 7.6%
February 07 2022 - 7:47AM
Dow Jones News
By Jaime Llinares Taboada
Lukoil PJSC said Monday that its hydrocarbon production
increased 7.6% in the fourth quarter, bringing full-year output
growth to 4.7%.
The Russian oil-and-gas major reported fourth-quarter production
of 2.30 million barrels of oil equivalent a day, up from 2.13
million barrels in the third quarter.
Oil output rose 5.3% quarter-on-quarter to 21.1 million metric
tons, and gas production grew 13% to 8.6 billion cubic meters.
Refinery throughput fell 11% to 15.5 million tons due to
scheduled maintenance works.
Full-year hydrocarbon production averaged 2.16 million
oil-equivalent barrels a day, up from 2.06 million in 2020,
reflecting higher OPEC+ production quotas.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
February 07, 2022 07:32 ET (12:32 GMT)
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