PJSC Lukoil 2018 AR2
The report highlights LUKOIL's operational and financial achievements in 2018, marking the first year of its long-term strategy. The company achieved record financial results, with EBITDA reaching RUB 1,115 billion and free cash flow doubling to RUB 555 billion. In its upstream operations, LUKOIL increased hydrocarbon production by 4% to 2.3 million BOE per day and achieved a 101% proved reserves replacement ratio for liquids. On the sustainability front, the company increased its associated petroleum gas (APG) utilization rate to a record 97.4%, which contributed to a 4% reduction in direct greenhouse gas emissions. Additionally, LUKOIL reduced water consumption for its own needs by 6% and maintained low work-related injury rates.
Company: PJSC Lukoil
Sector: Mining & quarrying
Country: Russia
Year: 2018
Type: AR2
Pages: 290
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PJSC Lukoil
Annual Report
The report highlights LUKOIL's operational and financial achievements in 2018, marking the first year of its long-term strategy. The company achieved record financial results, with EBITDA reaching RUB 1,115 billion and free cash flow doubling to RUB 555 billion. In its upstream operations, LUKOIL increased hydrocarbon production by 4% to 2.3 million BOE per day and achieved a 101% proved reserves replacement ratio for liquids. On the sustainability front, the company increased its associated petroleum gas (APG) utilization rate to a record 97.4%, which contributed to a 4% reduction in direct greenhouse gas emissions. Additionally, LUKOIL reduced water consumption for its own needs by 6% and maintained low work-related injury rates.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees