Lukoil chief says company will reach pre-crisis level in oil production by April

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.