In Q1 Lukoil exported 300 thousand tons of oil by ESPO
In Q1 2016 Lukoil exported 300 thousand tons of oil by ESPO, by 17.8% less than in Q1 2015.
This direction allows to provide oil sale saving its quality and on the conditions the efficiency of which exceeds the efficiency of the traditional export in the western direction, Lukoil says.
The total volume of oil export of Lukoil fell by 4.25% to 8.855 mln tons in Q1.
On the results of Q1 the revenue from oil and oil products export to the foreign companies of the group and to the third parties made up 135 bln roubles and 88 bln roubles respectively.
On the results of Q1 2015 this volume made up 199 bln roubles on oil and 121 bln roubles on oil products.
In Q1 2016 Lukoil exported 42.9% of extracted in Russia oil as well as 105 thousand tons of oil purchased from dependent enterprises and third parties (in Q1 2015 – 218 thousand tons of oil).
