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"LUKOIL" PLANS TO INCREASE THE PRODUCTION AND EXPORT OF OIL


A&G Information Services

11-02-2004

"LUKOIL" PLANS TO INCREASE THE PRODUCTION AND EXPORT OF OIL

ST.PETERSBURG, RUSSIA, Nov 02, 2004 (A&G News via COMTEX) -- The Board of Directors of the oil company "Lukoil" confirmed the keystones of company development for the year 2005. The figures of the development plan, budget and investment program are calculated according to the forecast oil price of USD 28 per barrel. During the year 2005 the company, its daughter companies and dependent enterprises plan to produce 90,2 million

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