Lukoil sets target of 4% output growth for 2004

摘要

Lukoil Aug 29 signaled its intention to continue the recent rapid growth in Russian oil production and exports, outlining a target to grow output by 4% next year. The output growth target was agreed at a meeting of the company's board of directors in Moscow, convened to review preliminary results for the first half of 2003 and establish strategic priorities for 2004.