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.
Advertising
Advertising
MORE ABOUT
Russia's Lukoil planning to produce 85.9 mln tonnes of oil in 2018, same as 2017
13:34, 12.01.2018
Russia's Lukoil looks to increase operations in Nigeria
15:41, 21.01.2016
Lukoil expects free cash flow over $1 bln in 2015
10:13, 25.06.2015
Lukoil leaving Estonia
11:04, 03.06.2015
Lukoil's first multilateral well in Caspian finds hydrocarbons
11:51, 20.05.2015
LATEST
Four MPC members expect reduction of key policy rate to 11.5-12% by late 2024, remaining 7 expect fall to 13% – NBU
13:58, 06.05.2024
NBU develops alternative scenario in case of higher security risks with GDP growth in 2025 by 3.3%
11:03, 06.05.2024
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy