Middle East Economic Survey

VOL. LI

No 7

18-February-2008

CASPIAN

Lukoil Overseas Reports 2007 Crude/Condensate Production At 5.17Mn Tons, Gas 2.5 BCM

Lukoil Overseas on 4 February said oil and gas condensate production in the projects in which it is involved totaled 5.17mn tons (103,000 b/d) during 2007. The figure did not include the company’s share of crude oil produced at Kazakhstan’s Tengiz oilfield, where LukArco (a Lukoil/BP joint venture) holds 5% and where 2007...