Yukos raised oil production for the full year by 17 percent to between 81.2 million and 81.5 million tons, Shadrin said.
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Russia's Number One
Yukos glory appears to be fading but company ready for 2004...
LUKoil said it may have passed Yukos as No.1 Russian oil producer in 2003, as it bought new assets while Yukos agreed to dissolve its $13.9 billion takeover of Sibneft.
LUKoil spokesman Alexander Shadrin said Tuesday that the company's crude output, including projects outside the country, rose 2 percent to 81.5 million tons (1.63 million barrels per day) last year.
Yukos raised oil production for the full year by 17 percent to between 81.2 million and 81.5 million tons, Shadrin said.
However, analysts say Yukos should probably end 2004 as the country's biggest oil producer. Yukos plans to raise output at least 8.6 percent this year, more than double LUKoil's planned production growth of 4 percent.
Yukos raised oil production for the full year by 17 percent to between 81.2 million and 81.5 million tons, Shadrin said.
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