USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

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Lukoil’s Napoleon Plans

As announced Vladimir Boiko, Lukoil executive, the company is to invest 390B Roubles In Northern Caspian Oil Fields

Lukoil’s Napoleon Plans

As announced Vladimir Boiko, Lukoil executive, the company is to invest 390B Roubles In Northern Caspian Oil Fields.

Boiko said that annual production of oil will inch up to 13 million tones in 2016, whilst peak annual natural gas production is expected to reach 14 billion cubic meters.

The Russian oil giant expects profit 1.28 trillion roubles from the deposits, while the Russian state will receive 3.5 trillion roubles.

The revenue of some outside investors will make up 2.1 trillion roubles.

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