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LUKoil says output in 2005 up 4.6% on 2004

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MOSCOW, May 23 (RIA Novosti) - LUKoil (RTS: LKOH) said Tuesday its output in 2005 had risen 4.6% year on year, to 664 million barrels (1.82 mln bbl/d).

Russia's No. 1 crude producer posted its 2005 downstream production at 47.55 million metric tons, an increase of 8% on last year's figure.

The company sold a total of 123.2 mln metric tons of oil and oil products in 2005, a 13.2% increase on the previous year, with exports accounting for 83.2% of sales, compared with 80.4% in 2004.

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