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| Name | Symbol | Market | Type |
|---|---|---|---|
| PJSC Lukoil (CE) | USOTC:LUKOY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.96 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Jaime Llinares Taboada
Lukoil PJSC said Tuesday that its hydrocarbon production declined in the third quarter compared with the second quarter as OPEC+ countries agreed to cut output due to the coronavirus pandemic.
The Russian oil company posted production of 1.89 million barrels of oil equivalent a day--excluding the West Qurna-2 project in Iraq--for the three months to Sept. 30, down from 1.98 million barrels in the second quarter.
"Oil production dynamics were driven by the OPEC+ agreement concluded in April 2020, which led to limitations on oil production by the group in Russia and at certain international projects," the company said.
Oil production declined 3.0% on the quarter, and gas output fell 6.7% amid lower Chinese demand for Uzbekistan supply.
Meanwhile, Lukoil's refinery throughput increased 9.8% on quarter to 14.8 million metric tons.
Shares in Moscow at 1110 GMT were up 1.3% at 4,813.5 Russian rubles.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
November 10, 2020 06:37 ET (11:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year PJSC Lukoil (CE) Chart |
1 Month PJSC Lukoil (CE) Chart |
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