LUKOIL Group total hydrocarbon production available for sale reached 2,220 th. boe per day in the first half of 2009, which is a 2.0% increase y-o-y. Crude oil production by LUKOIL Group increased by 4.0% y-o-y to 1,981 th. barrels per day.

Crude oil production of LUKOIL Group in the first half of 2009 totalled 48.63 mln tons. At the same time, crude oil output from the Yuzhnaya Khylchuya field in Timan-Pechora, brought into production in 2008, reached almost 3.2 mln tons. Natural and petroleum gas output of LUKOIL Group available for sale was 7.36 bcm: output as part of international projects totalled 2.35 bcm (grew by 26.2% y-o-y), output in Russia was down 23.4% y-o-y to 5.01 bcm. The decrease in gas output available for sale in Russia was due to the decrease in purchases of gas by Gazprom.

Throughputs at the Company’s refineries (including its share in throughput at the ISAB refining complex) increased by 10.4% y-o-y in the first half of 2009 and reached 29.97 mln tons. Throughputs at the Company’s refineries in Russia increased by 0.3% y-o-y, throughputs at the Company’s international refineries grew by 51.2% y-o-y.

Hydrocarbon production available for sale

	1H 2009	1H 2008	Growth
Hydrocarbon production, th. boe per day	2,220	2,176	+2.0%
Crude oil output, th. bpd*	1,981	1,905	+4.0%
Natural and petroleum gas output available for sale, th. boe per day**	239	271	-11.8%

Crude oil output, th. tons

	1H 2009	1H 2008	Growth
LUKOIL Group output:	48,633	47,006	+3.5%
Including
Subsidiary companies	47,408	45,803	+3.5%
Share in affiliated companies	1,225	1,203	+1.8%
Russia:	45,784	44,356	+3.2%
Including
Subsidiary companies	45,634	44,209	+3.2%
Share in affiliated companies	150	147	+2.0%
International projects:	2,849	2,650	+7.5%
Including
Subsidiary companies	1,774	1,594	+11.3%
Share in affiliated companies	1,075	1,056	+1.8%
LUKOIL Group output, th. bpd*	1,981	1,905	+4.0%

*   Conversion ratio from tons to barrels characterizes the density of oil from each of LUKOIL oilfields.

**   Conversion ratio from cubic meters to barrels of oil equivalents is 1,000 cubic meters = 5.885 boe.