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LUKoil Sees Oil Output Decline by Less Than 2 Tons in 2015

Sergei Porter / Vedomosti

Russia's No.2 oil producer LUKoil may see its crude output decline by less than 2 million tons in Russia this year, a company official said Wednesday.

Ravil Maganov, who is in charge of LUKoil's upstream division, also told reporters oil output at the West Qurna-2 field in Iraq stood at 380,000-390,000 barrels per day.

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