Lukoil's Filanovsky Field to Produce 1.5 mln T in 2017

Lukoil, Russia's No.2 oil producer, sees 2017 output at its Filanovsky field in the Caspian Sea at 1.5 million tonnes a year, the company's CEO and co-owner Vagit Alekperov said on Monday.

He said the oilfield, launched on Monday, is to reach the peak of its production in 2019, when annual output will be 6 million tonnes of oil. All the crude will go to global markets via the Caspian Pipeline Consortium.


(Reporting by Oksana Kobzeva; writing by Katya Golubkova)