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LukOil 2006 production up 12 pct


Published : Fri, 12 Jan 2007 10:31
By : Agencies
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LONDON (AFX) - Russian energy group LukOil said its oil and gas production grew 12 pct to 2.18 mln barrels of oil equivalent per day in 2006.

Oil production reached 95.2 mln tonnes, while gas output 'more than doubled' to 15.8 bln cubic metres, LukOil said in a statement.

The group's total refining volume increased 3 pct, while the amount of taxes it paid to the Russian government grew 28 pct.

'The estimated total amount of taxes, levies and export duties paid to the Russian Federation budget amounted to... 22.3 bln usd in 2006,' it added.

Following a revamp, the number of companies run by the group fell 13 pct, LukOil said.

monicca.egoy@thomson.com

mbe/rw

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