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LUKoil Aiming To Double Output In 10 Years


http://gdb.rferl.org/9FBDB7CE-BAB6-4B29-B518-499050AC008A_w203.jpg --> http://gdb.rferl.org/9FBDB7CE-BAB6-4B29-B518-499050AC008A_mw800_mh600.jpg Vagit Alekperov, the head of LUKoil (right) (epa) June 5, 2006 -- Russia's LUKoil plans to double its production in the next 10 years.


That would boost its daily output to 4 million barrels of oil equivalent (BOE), a measure used for giving production figures that include both oil and natural gas.


LUKoil Vice President Leonid Fedun also said on June 5 that LUKoil also hopes to be listed on the New York Stock Exchange. It is already listed on the bourses in London and Moscow.


(AFP)

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