LUKOIL three-quarter income up 2.76 percent
Net income of OAO LUKOIL in January-September 2012 increased year-on-year by 2.76% according to Russian Accounting Standards (RAS) to RUB 252.36 billion. Revenue from sales in the same period increased by 13% to 29.97 billion rubles.
LUKOIL is one of the world’s leading vertically integrated oil & gas companies. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs. Most of the Company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. LUKOIL owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern and Western Europe, near-abroad countries. The Company's products are marketed in Russia, Eastern and Western Europe, in near-abroad countries and USA.
