Lukoil expects maintenance of extraction in West Siberia over next two years
Edited by Rhod Mackenzie / 2013-09-02 09:22:22
Lukoil expects the maintenance of the extraction level in West Siberia over then next two years, the vice-President of the company, Leonid Fedun reported on Friday.
“Today the meeting of the Board of Directors took place and the management of Lukoil West Siberia reported that the extraction level will be maintained over the next two years”, he said, having added that then extraction at the northern projects as well as at Imilorskoye deposit would start.
“However, the growth will be beyond West Siberia”, he said, having stated that the reigon was at the fourth stage of extraction when the growth is not regarded and the point is only in the rate of reduction.
