Lukoil Sees its 2016 Oil Output Flat in Russia

Russia's No.2 oil producer Lukoil may keep its oil production unchanged in Russia in 2016, while its total oil output may decline, Lukoil's vice president and second biggest private shareholder Leonid Fedun said on Tuesday.

 

Lukoil is developing huge West Qurna-2 oilfield in Iraq.


(Reporting by Olesya Astakhova; writing by Vladimir Soldatkin; editing by Polina Devitt)