LUKOIL Group total hydrocarbon production available for sale reached 2,214 th. boe per day in nine months of 2009, which is a 1.1% increase y-o-y. Crude oil production by LUKOIL Group increased by 3.3% y-o-y to 1,978 th. barrels per day.

Crude oil production of LUKOIL Group in nine months of 2009 totalled 73.28 mln tons. At the same time, crude oil output from the Yuzhnaya Khylchuya field in Timan-Pechora, brought into production in the third quarter of 2008, reached 5.1 mln tons. Natural and petroleum gas output of LUKOIL Group available for sale was 10.94 bcm: output as part of international projects totalled 3.40 bcm (grew by 15.1% y-o-y), output in Russia was down 23.3% y-o-y to 7.54 bcm.

Throughputs at the Company’s refineries (including its share in throughput at the ISAB and TRN refining complexes) increased by 10.9% y-o-y in nine months of 2009 and reached 46.55 mln tons. Throughputs at the Company’s refineries in Russia increased by 0.9% y-o-y, throughputs at the Company’s international refineries grew by 49.1% y-o-y.

 

 

Hydrocarbon production available for sale

	9M 2009	9M  2008	Growth
Hydrocarbon production, th. boe per day	2,214	2,189	+1.1%
Crude oil output, th. bpd*	1,978	1,915	+3.3%
Natural and petroleum gas output available for sale, th. boe per day**	236	274	-13.9%

 

 

 

Crude oil output, th. tons

	9M 2009	9M  2008	Growth
LUKOIL Group output:	73,278	71,185	+2.9%
Including
Subsidiary companies	71,414	69,398	+2.9%
Share in affiliated companies	1,864	1,787	+4.3%
Russia:	69,016	67,278	+2.6%
Including
Subsidiary companies	68,789	67,054	+2.6%
Share in affiliated companies	227	224	+1.3%
International projects:	4,262	3,907	+9.1%
Including
Subsidiary companies	2,625	2,344	+12.0%
Share in affiliated companies	1,637	1,563	+4.7%
LUKOIL Group output, th. bpd*	1,978	1,915	+3.3%

 

 

     *   Conversion ratio from tons to barrels characterizes the density of oil from each of LUKOIL oilfields.

   **   Conversion ratio from cubic meters to barrels of oil equivalents is 1,000 cubic meters = 5.885 boe.