LUKOIL Group total hydrocarbon production available for sale reached 2,225 th. boe per day in the first quarter of 2009, which is a 1.5% increase y-o-y. Crude oil production by LUKOIL Group increased by 3.2% y-o-y to 1,976 th. barrels per day.

Crude oil production of LUKOIL Group in the first quarter of 2009 totalled 24.13 mln tons. At the same time, crude oil output from the Yuzhnaya Khylchuya field reached 1.5 mln tons. Natural and petroleum gas output of LUKOIL Group available for sale was 3.81 bcm: output as part of international projects totalled 1.22 bcm (grew by 34.2% y-o-y), output in Russia was down 23.4% y-o-y to 2.59 bcm. The decrease in gas output available for sale in Russia was due to the decrease in purchases of gas from Gazprom.

Throughputs at the Company’s refineries (including its share in throughput at ISAB refining complex) increased by 7.3% y-o-y in the first quarter of 2009 and reached 14.28 mln tons. Throughputs at the Company’s refineries in Russia decreased by 1.5% y-o-y, throughputs at the Company’s international refineries grew by 50.6% y-o-y.

Hydrocarbon production available for sale, th. boe per day

	1Q 2009	1Q 2008	Growth
Hydrocarbon production, th. boe per day	2,225	2,193	+1.5%
Crude oil output, th. bpd*	1,976	1,915	+3.2%
Natural and petroleum gas output available for sale, th. boe per day**	249	278	-10.4%

Crude oil output, th. tons

	1Q 2009	1Q 2008	Growth
LUKOIL Group output:	24,127	23,622	+2.1%
Including
Subsidiary companies	23,520	23,028	+2.1%
Share in affiliated companies	607	594	+2.2%
Russia:	22,731	22,269	+2.1%
Including
Subsidiary companies	22,656	22,196	+2.1%
Share in affiliated companies	75	73	+2.7%
International projects:	1,396	1,353	+3.2%
Including
Subsidiary companies	864	832	+3.8%
Share in affiliated companies	532	521	+2.1%
LUKOIL Group output, th. bpd*	1,976	1,915	+3.2%

*   Conversion ratio from tons to barrels characterizes the density of oil from each of LUKOIL oilfields.

**   Conversion ratio from cubic meters to barrels of oil equivalents is 1,000 cubic meters = 5.885 boe.