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I. Graifer, Chairman of the Board of directors of LUKOILV. I. Graifer, Chairman of the Board of directors of LUKOILV. Alekperov, President of OAO LUKOIL V. Alekperov, President of OAO LUKOIL Oilmen of LUKOILOilmen of LUKOILConstruction of LSP-1 (ice-resistant stationary platform) for Yuri Korchagin field in the Caspian SeaConstruction of LSP-1 (ice-resistant stationary platform) for Yuri Korchagin field in the Caspian SeaOffshore platforme D6 in the Baltic Sea. Kratsovskoe fieldOffshore platforme D6 in the Baltic Sea. Kratsovskoe field Permnefteorgsintez Refinery Permnefteorgsintez RefineryVolgograd RefineryVolgograd Refinery Uhtaneftepererabotka Refinery Uhtaneftepererabotka Refinery Nijnegorodnefteorgsintez Refinery Nijnegorodnefteorgsintez RefineryMini refineries in KogalymMini refineries in KogalymPetrotel-LUKOIL (Romania)Petrotel-LUKOIL (Romania)LUKOIL Neftokhim Burgas (Bulgaria)LUKOIL Neftokhim Burgas (Bulgaria)Odessa Refinery (Ukraine)Odessa Refinery (Ukraine)Filling station commissioning in New-YorkFilling station commissioning in New-YorkChange of brand of a filling station in the USAChange of brand of a filling station in the USACommissioning of the Yuzhno Khulchuyu Field. June 20, 2008Commissioning of the Yuzhno Khulchuyu Field. June 20, 2008The first large-tonnage oil shipment through the FOIROT (Varandey Oil Export Terminal). June 9, 2008The first large-tonnage oil shipment through the FOIROT (Varandey Oil Export Terminal). June 9, 2008Commissioning of KHAUZAK gas field in Uzbekistan. November 29, 2007Commissioning of KHAUZAK gas field in Uzbekistan. November 29, 2007Mounting of mooring cargo handling system on the FOIROT (Varandey Oil Export Terminal)Mounting of mooring cargo handling system on the FOIROT (Varandey Oil Export Terminal)Loading of FOIROT onto sea-going barges (Varandey Oil Export Terminal)Loading of FOIROT onto sea-going barges (Varandey Oil Export Terminal)Construction of Varandey TerminalConstruction of Varandey TerminalCommissioning of a catalytic reforming installation at the Volgograd RefineryCommissioning of a catalytic reforming installation at the Volgograd RefineryNakhodkinskoye gaz field commissioningNakhodkinskoye gaz field commissioningInternational anti-terrorism exercises at Volgograd RefineryInternational anti-terrorism exercises at Volgograd RefineryInternational exercise at RPK-Vysotsk LUKOIL-IIInternational exercise at RPK-Vysotsk LUKOIL-IIFire-prevention trainings in Kaliningrad RegionFire-prevention trainings in Kaliningrad RegionExercises “Kaliningrad 2004”Exercises “Kaliningrad 2004”Annual General Shareholders MeetingAnnual General Shareholders MeetingPresentationsPresentationsInvestor Trips to Sites Investor Trips to Sites Financial CalendarFinancial CalendarFinancial and Operating InformationFinancial and Operating InformationLUKOIL Stock QuotesLUKOIL Stock QuotesShareholders EquityShareholders EquityAnalyst CoverageAnalyst CoveragePerm Perm Karachaganak Karachaganak West SiberiaWest SiberiaEgyptEgyptFinancial FundamentalsFinancial FundamentalsOperating HighlightsOperating HighlightsShareholdersShareholdersOil and Gas ReservesOil and Gas ReservesExplorationExplorationProductionProductionInternational Exploration and ProductionInternational Exploration and ProductionOil transportationOil transportationDomestic RefiningDomestic RefiningInternational RefiningInternational RefiningNatural Gas Processing Natural Gas Processing PetrochemicalsPetrochemicalsPersonnel Management PolicyPersonnel Management PolicySocial Code of OAO LUKOIL Social Code of OAO LUKOIL Social Report of OAO LUKOILSocial Report of OAO LUKOILCharity and Social ActivitiesCharity and Social ActivitiesSportsSportsCorporate retirement programCorporate retirement programCompany Policy Company Policy Caring for the Environment Caring for the Environment Åcological monitoringÅcological monitoringCertificationCertificationAssociated SitesAssociated SitesSubsidiaries' WebsitesSubsidiaries' WebsitesOnline Periodicals Online Periodicals Post cardsPost cardsSecuritiesSecuritiesPhotoPhoto
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Operating Highlights

Operating highlights,
forming the Company’s US GAAP consolidated financial results

2003–2008 interim production figures are available here 

Operating data for the second quarter and first half of 2008 and 2007

Hydrocarbon production available for sale, th. boe per day

2Q 2007
2Q 2008
Growth
1H 2007
1H 2008
Growth
2,179
2,159
-0.9%
LUKOIL Group hydrocarbon output available for sale, including:
2,210
2,176
-1.5%
1,956
1,895
-3.1%
    Crude oil output*
1,981
1,905
-3.8%
223 264
18.4%
    Petroleum and natural gas output available for sale
229
271
18.3%

Crude oil output,
th. tons

2Q 2007
2Q 2008
Growth
1H 2007
1H 2008
Growth
24,097
23,384
-3.0%
LUKOIL Group output, including:
48,528
47,006
-3.1%
23,486
22,775
-3.0%
    Subsidiary companies
47,241
45,803
-3.0%
611
609
-0.3%
    Share in affiliated companies
1,287
1,203
-6.5%
22,692
22,087
-2.7%
Russia, including:
45,585
44,356
-2.7%
22,619
22,013
-2.7%
    Subsidiary companies
45,368
44,209
-2.6%
73
74
1.4%
    Share in affiliated companies
217
147
-32.1%
1,405
1,297
-7.7%
International projects, including:
2,943
2,650
-9.9%
867
762
-12.1%
    Subsidiary companies
1,873
1,594
-14.9%
538
535
-0.6%
    Share in affiliated companies
1,070
1,056
-1.3%
1,956 1,895
-3.1%
LUKOIL Group output, th. bpd*
1,981 1,905
-3.8%

Petroleum and natural gas output available for sale,
mcm

2Q 2007
2Q 2008
Growth
1H 2007
1H 2008
Growth
3,449
4,112
19.2%
LUKOIL Group output available for sale, including:
7,030
8,402
19.5%
3,397
4,043
19.0%
    Subsidiary companies
6,921
8,267
19.5%
52
69
32.7%
    Share in affiliated companies
109
135
23.9%
3,071
3,162
3.0%
Russia, including:
6,352
6,543
3.0%
3,063
3,154
3.0%
    Subsidiary companies
6,336
6,527
3.0%
8
8
0.0%
    Share in affiliated companies
16
16
0.0%
378
950
151.3%
International projects, including:
678
1,859
174.2%
334
889
166.2%
    Subsidiary companies
585
1,740
197.4%
44
61
38.6%
    Share in affiliated companies
93
119
28.0%
223
264
18.4%
LUKOIL Group output available for sale, th. boe per day
229 271
18.3%
4,073 5,312
30.4%
LUKOIL gas output, mcm** 
8,318 9,652
16.1%
263
344
30.8%
LUKOIL gas output, th. boe per day 
270 312
15.6%
 
Refinery throughputs***, th.  tons

2Q 2007
2Q 2008
Growth
1H 2007
1H 2008
Growth
13,014
13,831
6.3%
Owned refineries, including:
25,146
27,149
8.0%
10,425