LUKoil board approves investment program for 2004

Nov 21, 2003 01:00 AM

The LUKoil board of directors approved the $ 2.5 bn investment program for 2004, which is $ 100 mm more than for the year 2003.
In the first half of 2003, LUKoil's US GAAP net profit reached $ 2.36 bn, stepping up 180 % against the same period of 2002, and the operating profit rose 123 % to $ 2.594 bn.

Source: RosBusinessConsulting
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