8 Dec 2009 16:34

Lukoil plans to boost production to 2.7 mln bpd in 2017-2019

MOSCOW. Dec 8 (Interfax) - Lukoil plans to boost commercial hydrocarbon production to 2.7 million barrels per day by 2017-2019, up from 2.2 million bpd previously, Vice President Leonid Fedun said at a press conference.

Fedun also said the oil company's new development cuts investment from $75 billion to $60 billion.