Lukoil doesn’t plan to correct investment program-2016 – Alekperov
Edited by Rhod Mackenzie / 2016-06-02 11:30:18
Meanwhile Lukoil doesn’t plan to correct its investment program for 2016 on the results of H1, the head of the company, V. Alekperov, said.
We have a balanced investment program. We work hard, he said.
In January he said that Lukoil at the realization of the stress scenario presupposing the average oil price of $20/barrel, will cut the investment program to $5.5 bln from $7 bln in the basic scenario.
The company’s budget presupposed the oil price of $20/barrel, as well as $30 and $40 in the crisis scenario.
The investment program of Lukoil for 2015 made up over $9 bln against the plan of $12.5 bln.
