Business
LUKoil crude output down 2.1% in Jan.-Sept.
The company produced 62.3 million tons (457 million bbl) in Russia and 3.9 million tons (29 million bbl) under international projects, representing year-on-year declines of 1.7% and 7.9% respectively.
Throughputs at LUKoil own refineries totaled 41.98 million tons, up 8.7% year-on-year, due to LUKoil refining capacity expansion and modernization, as well as a high refinery margin in Russia. Increase in refinery throughputs at the company's refineries in Russia was 5.6% and 22% at foreign refineries.
LUKoil accounts for around 1.3% of global oil reserves and for some 2.3% of global oil output. Its share in Russian oil production and refining is 18% and 18%, respectively.

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