Russia LUKOIL sees '07 output growth down to 2 pct

Fri Nov 16, 2007 7:14am EST
 
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MOSCOW, Nov 16 (Reuters) - Russian oil major LUKOIL (LKOH.MM) sees its hydrocarbon production growth slowing to 2 percent this year from 12 percent in 2006, a senior company official said on Friday.

"We are not revising our production growth plans at the moment, but there might be somewhat of a delay... We expect this year's growth at about 2 percent," Andrei Gaidamaka, the head of LUKOIL's investment department, told Reuters. (Reporting by Tanya Mosolova; Editing by Douglas Busvine)

 

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