Lukoil expansion

摘要

According to Lukoil Vice President Leonid Fedun the company is targeting production of 1.8-1.9mn b/d or oil in 2007 and 2mn b/d in 2010,reports UFG.Lukoil is planning to compensate for stagnant production at its traditional Volga-urals and Wester Siberian oil fields with accelerating production in new areas such as Timan-Pechora and the Caspian.