01.12.2015, 22:27
LUKOIL Liquid Hydrocarbons Production Increased by 3.9%
OREANDA-NEWS. LUKOIL has published consolidated US GAAP financial statements for the nine months of 2015.
EBITDA1 (earnings before interest, taxation, depreciation and amortization) in the nine months of 2015 amounted to USD 10,476 million. The Company's net income1 in the nine months of 2015 amounted to USD 2,769 million. Sales revenues were USD 74,712 million.
Free cash flow in the nine months of 2015 amounted to USD 2.0 billion. Capital expenditures, including non-cash transactions and prepayments in the nine months of 2015 were USD 7,460 million.
In the nine months of 2015, LUKOIL Group total hydrocarbon production increased by 3.5% y-o-y and reached 2,372 thousand boe per day. Crude oil and natural gas liquids production in the nine months of 2015 increased by 3.9% y-o-y to 2,051 thousand barrels per day. The increase was mainly due to the production from West Qurna-2 project in Iraq.
In the nine months of 2015, production at the Group refineries in Russia reached 29.8 million tons, and 15.5 million tons. at the Group refineries outside Russia (including Zeeland refinery).
During the 9 months of 2015, the volume of our crude oil exports from Russia reached 25.8 million tons. The volume of our refined products exports from Russia were 15.6 million tons.
EBITDA1 (earnings before interest, taxation, depreciation and amortization) in the nine months of 2015 amounted to USD 10,476 million. The Company's net income1 in the nine months of 2015 amounted to USD 2,769 million. Sales revenues were USD 74,712 million.
Free cash flow in the nine months of 2015 amounted to USD 2.0 billion. Capital expenditures, including non-cash transactions and prepayments in the nine months of 2015 were USD 7,460 million.
In the nine months of 2015, LUKOIL Group total hydrocarbon production increased by 3.5% y-o-y and reached 2,372 thousand boe per day. Crude oil and natural gas liquids production in the nine months of 2015 increased by 3.9% y-o-y to 2,051 thousand barrels per day. The increase was mainly due to the production from West Qurna-2 project in Iraq.
In the nine months of 2015, production at the Group refineries in Russia reached 29.8 million tons, and 15.5 million tons. at the Group refineries outside Russia (including Zeeland refinery).
During the 9 months of 2015, the volume of our crude oil exports from Russia reached 25.8 million tons. The volume of our refined products exports from Russia were 15.6 million tons.
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