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LUKOIL increased production of gasoline for domestic market

For the first 4 months of 2018, PJSC LUKOIL increased the output of automobile gasolines by 109,000 against the target level provided for by the four-way agreements between the major oil companies, Russia's Federal Antimonopoly Service, the Federal Agency for Technical Regulation and Metrology and Russia's Federal Environmental, Industrial and Nuclear Supervision Service, LUKOIL informed.

LUKOIL and the Ministry of Energy have agreed upon and are implementing a program of accumulating petroleum products to the extent sufficient for satisfying demand in the domestic market during the scheduled repairs at LUKOIL-Nizhegorodnefteorgsintez LLC, a wholly owned subsidiary of LUKOIL, in the autumn of 2018.

PJSC LUKOIL (tax number: 7708004767) is Russia's second largest oil producer. The company's authorized capital is RUB 21,264,081.375, with 850,563,255 common outstanding shares at par value of RUB 0.025 issued. The largest block of the company's shares is owned by its management.

IFRS net profit of LUKOIL for 2017 grew 2.1 times year-on-year to RUB 418.8 billion. Sales revenue for 2017 grew by 13.6% to RUB 5.937 trillion. EBITDA for 2017 grew to reach a record high level of RUB 831.6 billion (13.8% above the 2016 result).

"AK&M", 15.05.2018 16:26


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