Monday, August 29, 2016

Profit “Lukoil” rose to 105.4 billion rubles – News Economy

Print Net profit of “Lukoil” under IFRS amounted to 105.4 billion rubles in the first half. In 2015, the company issued statements on US GAAP, while net profit amounted to 167.8 billion rubles. The proceeds from sales in the first half exceeded 2.5 trillion rubles. against 2.9 trillion rubles. in the first half of 2015, EBITDA – 381,6 million rubles. (. 417 400 000 rubles), according to “Lukoil”

The net profit in II quarter amounted to 62.6 billion rubles, revenues -.. 1.3 trillion rubles, EBITDA -. 189,6 billion rubles.

Capex amounted to 241.4 billion rubles in the first half. (. 304 800 000 000 rubles), free cash flow – 93.4 billion rubles. (79.9 billion rubles.).

Oil and liquid hydrocarbons (including share in production by affiliates) fell in the first half of the year to 46.8 million tons (342.8 million barrels) against 49.6 million tonnes (363.4 million barrels ) during the first half of 2015 g.

in general, hydrocarbon production amounted in January-June of 411.1 million barrels of n. e. (2.3 million barrels n. E. / Day), which is 4.3% less than in January-June 2015

The decline was due mainly to the reduction of the compensation amount of oil in the Iraq project ” West Qurna-2 “, the sale of a stake in Caspian Investment Resources, as well as the natural decline in production from mature fields in West Siberia, says the company.

In this case, increased oil production in the Timan-Pechora and Volga region – by 3.9% and 1.7% respectively. Also increased the gas production – by 3.3%, mainly due to projects in Uzbekistan and Azerbaijan, and the beginning of gas production from the field to them. Korchagin field in the Caspian Sea.

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