Lukoil Dividends 2009

OJSC LUKOIL plans to spend more than 1.5 billion dollars for dividends 2009, said at the presentation of financial statements by the standards of US GAAP the Vice-president of LUKOIL Leonid Fedun. He added that no major acquisitions in the current year were planned. 

Investments of LUKOIL in the next two years will amount to 8-8,5 billion dollars a year, said today Mr Fedun. He explained that most of the funds will be directed to the production development.

Nat Lawyer

WOW