16 Oct 2012 12:03

Lukoil hopes to increase oil output 1%-1.5% in 2013

LONDON. Oct 16 (Interfax) - Oil company Lukoil hopes to increase oil production by 1%-1.5% in 2013, the company's president, Vagit Alekperov, said at a press conference in London.

The company earlier said that it plans to produce around 91 million tonnes of oil this year, almost the same amount produced in2011. Oil production in 2013 was forecast at 92.3 million, 2014 - 100.7 million tonnes, and by 2020 - 114.6 million tonnes.