18 Jun 2015 19:15

Lukoil expects cash flow at up to $300 mln in Q2

ST. PETERSBURG. June 18 (Interfax) - Lukoil will have a free cash flow of up to $300 million in Q2 2015, President Vagit Alekperov said on the sidelines of the St. Petersburg International Economic Forum.

"We expect to secure a free cash flow in the second quarter, that is, there will not be a negative cash flow. We expect the free cash flow somewhere in the range $200 million-$300 million," Alekperov said.