CEO: Lukoil to raise hydrocarbon production 30–40% over 10 yrs

MOSCOW, Sep 12 (PRIME) — Russian oil major Lukoil plans to increase its hydrocarbon production by 30%40% within the next 10 years, the companys President Vagit Alekperov said Monday. In 2010, the company produced 95.99 million tonnes of oil, down 1.7% on the year, while the output of commercial gas rose 24.5% on the year […]