Lukoil reports proved hydrocarbon reserves down 3% in 2024
Business & Economy
April 22, 16:01
Liquid hydrocarbons account for 75% of proved reserves, the company said
MOSCOW, April 22. /TASS/. Proved hydrocarbon reserves of Lukoil dropped by 3% to 14.689 bln barrels of oil equivalent in 2024, the Russian oil major said.
Liquid hydrocarbons account for 75% of proved reserves, the company said. Gas reserves stand at 25%. Ninety-one percent of proved reserves of Lukoil are located in Russia.
Uzbekistan at the same time accounts for 285 of proved reserves in Lukoil’s international projects. The company is implementing large-scale gas projects there.