Home  Issuers' Corner  Press Releases  Oil Company "LUKOIL"
CLOSE

Press Releases > Oil Company "LUKOIL"  all about the company

company search
all press releases
all Oil Company "LUKOIL" press releases

Oil Company "LUKOIL"

May 13, 2004

Preliminary operating data of LUKOIL for 1Q 2004

Volumes of oil produced by entities, forming the Company’s consolidated financial results (subsidiaries and companies where LUKOIL holds a stake) totaled in the first quarter of 2004 20,97 mln tons, which is 9,1% more than in the same period of 2003.

LUKOIL subsidiary companies produced 20,17 mln tons, which is 13,1% more than in 2003. Natural production growth (without consolidation of equity companies) amounted to 6,6%. 

Overall production of LUKOIL subsidiary companies and equity companies in the first quarter of 2004 totaled 21,22 mln tons, which is 7,9% more than in the same period of 2003.

 

OIL PRODUCTION (thousand tons)

1Q 2003

1Q 2004

Growth (%)

Russia, total

including

 

Subsidiary companies

 

LUKOIL’s share in equity companies

19 002

 

 

 

17 561

 

988

 

20 415

 

 

 

19 869

 

293

 

7,4%

 

 

 

13,1%

 

-70,3%

 

International projects, total

 

including

 

Subsidiary companies (PSA)

 

LUKOIL’s share in equity companies

668

 

 

 

271

 

397

 

804

 

 

 

306

 

498

 

20,4%

 

 

 

12,9%

 

25,4%

 

Total, production

 

including

 

Subsidiary companies  

 

LUKOIL’s share in equity companies

19 670

 

 

 

17 831

 

1 385

 

21 219

 

 

 

20 174

 

792

 

7,9%

 

 

 

13,1%

 

-42,8%

 

 

PRODUCTION OF OIL PRODUCTS (thousand tons)

1Q 2003

1Q 2004

Growth %

Production, total

 

including

 

Russia

 

International

9 652

 

 

 

8 303

 

1 349

9 532

 

 

 

8 131

 

1 401

-1,2%

 

 

 

-2,1%

 

3,9%

 

This information is based on preliminary production data, which may be adjusted and corrected during preparation of LUKOIL financial accounts for the first quarter of 2004. So there may be divergences from production statistics, which will be published together with the financial accounts.




 

Press Centre  OAO "LUKOIL"
phone.: (095)927-1677,  fax: (095)927-1653,
E-mail: pr@lukoil.com

 

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer