OREANDA-NEWS  LUKOIL's oil exports from Russia in 2022 increased by 14.1% and amounted to 35.4 million tons, the company reports in its annual report.

"The increase is mainly due to an increase in supplies to our own refineries in Europe due to an increase in the loading of plants. 1.7 million tons of oil were sold on the domestic market compared to 2.7 million tons in 2021. The change in sales volumes in the domestic market is associated with an increase in supplies to own refineries in Russia. The volume of oil sales abroad decreased to 47.6 million tons, or by 48.8%, which is due to a decrease in the volume of trading with third-party resources," the company said.

Exports of petroleum products from Russia in 2022 increased by 10.5% to 19.4 million tons due to an increase in production volumes, the materials say.