Lukoil intends to pay 2014 dividends at last year's level despite the sharp drop in oil prices, the company's chief, Vagit Alekperov, told the Rossiya 24 TV channel.

"In our 2015 budget, even in the budget for a sharp drop in oil prices, we've kept the dividend policy at the 2014 level," he said.

Alekperov said 2014 was a good year for the company. Despite the fact that financial results declined in the fourth quarter, a good foundation was laid for 2015, when Lukoil plans to launch new projects, including putting the Filanovsky oil field on stream, he said.