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Gold/Mining/Energy : LUKOY The largest oil company in the world LukOil unknown -- Ignore unavailable to you. Want to Upgrade?


To: Fred Levine who wrote (871)9/4/2001 1:39:53 PM
From: Fred Levine  Read Replies (1) | Respond to of 914
 
LUKoil reports rise in oil production

MOSCOW - The board of directors of the Russian oil giant LUKoil
summarized results of the company's work in the first half of 2001. The
press service of LUKoil reported that LUKoil and its subsidiaries produced
38.7 million tons of oil in the first six months of 2001, which is 1.6 per cent
more as compared to the corresponding period last year.

The introduction of modern technologies allowed for receiving an additional
7.7 million tons of oil. The total share of oil produced by LUKoil among
other Russian companies amounted to 22.4 per cent in the first half of this
year.

The volume of gas production went up 3.2 per cent and reached 2.6 billion
cubic meters.

fred