LUKOIL Group produces oil and gas in eight countries. Our core operations are concentrated in four federal districts of the Russian Federation, specifically in the North-Western Federal District (the Nenets Autonomous Area, the Komi Republic, and the Kaliningrad Region), the Volga Federal District (the Perm Territory and the Republic of Tatarstan), the Urals Federal District (the Yamal-Nenets Autonomous Area and the Khanty-Mansi Autonomous Area – Yugra), and in the Southern Federal District (the Volgograd Region, the Astrakhan Region, and the Republic of Kalmykia).
Excluding the West Qurna-2 project, our 2022 oil and gas condensate production totaled 85.0 million tonnes, up by 7.1 percent year-on-year. The dynamics of the Company’s oil production in Russia and at certain international projects were driven by the parameters of the OPEC+ agreement and the acquisition in 2022 of interests in production assets in Russia, Azerbaijan and Mexico.
In 2022, LUKOIL produced 81.0 million tonnes of crude oil and gas condensate in Russia, up by 6.6 percent year-on-year. This accounted for 15.1 percent of Russia’s total production, as reported by the Central Dispatching Department of the Fuel and Energy Complex of Russia.
2022 saw a ramp-up in production at priority projects as planned. In particular, we continued to increase oil production at fields with low-permeability reservoirs in West Siberia and at license areas subject to the tax on additional income (TAI) since 2019. In 2022, oil production was launched at 3 new fields in Volga and Urals regions.
In 2022, gas production came in at 34.6 billion cubic meters, up by 7.6 percent year-on-year.
Overall 2022 gas production in Russia totaled 17.7 billion cubic meters, up by 10.0 percent year-on-year as a result of the acquisition of production assets in West Siberia.
Gas production from our international projects rose by 5.2 percent to 16.9 billion cubic meters due to the acquisition of an interest in the Area 4 project in Mexico and an additional interest in the Shah Deniz project in Azerbaijan in 2022.
