Baku 21° C
Lukoil chief says company will reach pre-crisis level in oil production by April
Energy
- 17 December, 2021
- 10:17
Add Report.az to preferred Google sources
Stay up to date with the top news!
Lukoil plans to use its free production capacities to reach the pre-crisis level of oil output by April 2022, Report informs, citing TASS.
Company head Bagit Alekperov said it would happen if OPEC+ continued to increase production by 400,000 BPD every month.
"I think if such rates of 400,000 BPD continue, we will get to the pre-crisis levels by April," he said.
Author
Latest News
11:52
Azerbaijan's three-year digital development acceleration plan covers four key areas, IDDA says
ICT
11:50
CBA: 24/7 online monitoring should be implemented in payment systems
ICT
11:46
Talks underway at Routes World 2026 on launching new direct flights to Azerbaijan
Infrastructure
11:40
Azerbaijan plans FID on Caspian-Black Sea-Europe Green Energy Corridor in 2029
Energy
11:30
Ten Azerbaijani boxers reach European U15 Boxing Championships semifinals
Individual sports
11:25
Azerbaijan approves Long-Term Low-Emission Development Strategy
Energy
11:20
IMF forecasts 1.3% economic contraction in Middle East, North Africa, Pakistan
Other countries
11:20
Finance Minister: Azerbaijan prioritize transparency in public finance
Finance
11:17
159 countries support draft resolution on decolonization of French Polynesia
Foreign policy