Lukoil chief says company will reach pre-crisis level in oil production by April
Energy
- 17 December, 2021
- 10:17
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.
Latest News
08:59
Guterres: Venezuela's natural resources belong to its people
Other countries08:52
US to exit 66 international organizations as it further retreats from global cooperation
Other countries08:43
Pakistan, Saudi in talks on JF-17 jets-for-loans deal
Other countries08:33
Sen. Graham says Trump has 'greenlit' sanctions bill aiming to punish Russia for war in Ukraine
Other countries08:25
Production rate of US defense companies too slow — Trump
Other countries08:16
At least five civilians killed, over 30 wounded in attack on Syria's Aleppo
Other countries08:07
Photo
Video
Leyla Aliyeva features in latest episode of Country Life Vlog
Domestic policy20:54
US will control Venezuela oil sales ‘indefinitely," energy secretary says
Other countries20:47