LUKOIL sells crude oil, gas and petroleum products in the domestic and international markets, driving optimal distribution of flows to fit the market. The Company owns crude oil and petroleum products transshipment facilities, as well as pipelines, which helps minimize transportation costs.
Oil supplies and sales, million tonnes
| 2020 | 2021 | 2022 |
|---|
|
Oil sales |
87.4 |
95.8 |
49.3 |
| in Russia | 1.4 | 2.7 | 1.7 |
| outside Russia | 86.0 | 93.1 | 47.6 |
|
Supplies to LUKOIL’s Russian refineries | 40.1 | 42.6 |
44.0 |
|
Exports from Russia |
32.1 |
31.0 |
35.4 |
|
Supplies to LUKOIL’s European refineries |
16.9 |
18.3 |
24.8 |
Sales of petroleum and gas products, million tonnes
| 2020 | 2021 | 2022 |
|---|
|
Total |
104.8 |
110.7 |
83.1 |
| Russia | 21.0 | 23.6 | 23.3 |
| outside Russia | 83.8 | 87.1 | 59.8 |
Exports of petroleum and gas products, million tonnes
| 2020 | 2021 | 2022 |
|---|
|
Total |
17.9 |
17.6 |
19.4 |
| diesel fuel | 9.7 | 9.2 | 9.4 |
| gasoline | 0.7 | 0.2 | 0.8 |
| jet fuel | 0.02 | 0.02 | 0.04 |
| lubricants | 0.6 | 0.6 | 0.5 |
| gas products | 0.7 | 0.6 | 0.4 |
| fuel oil | 1.9 | 3.3 | 3.7 |
|
Gas sales, million cubic meters
| 2020 | 2021 | 2022 |
|---|
|
Total |
24,065 |
27,507 |
25,734 |
| Russia | 12,777 | 11,109 | 10,308 |
| to Gazprom Group | 10,989 | 9,281 | 8,443 |
| to other consumers | 1,788 | 1,828 | 1,865 |
| outside Russia | 11,288 | 16,398 | 15,426 |
A well-developed trading arm within the Group maximizes efficient sales of own crude oil and petroleum products while generating additional income from sales of purchased hydrocarbons.
