L.Fedun left LUKOIL

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AK&M 27 June 2022 18:47

Leonid Fedun, Vice President of PJSC LUKOIL for Strategic Development, is leaving his position due to reaching retirement age and family circumstances. This is stated in the company's message.

PJSC LUKOIL (TIN 7708004767) is the second company in the Russian Federation in terms of oil production. The largest stake in the company is controlled by its management. 

LUKOIL's RAS net profit for the first half of 2021 increased by 33% to 145.56 billion rubles from 109.19 billion rubles a year earlier. Revenue increased 5 times to 910.36 billion rubles from 173.88 billion rubles, gross profit – almost 1.5 times to 241.55 billion rubles from 164.59 billion rubles, profit before tax – by 39% to 151.9 billion rubles from 109.3 billion rubles.

LUKOIL's net profit under IFRS for 2021 increased 50.9 times to 773.4 billion rubles from 15.2 billion rubles a year earlier. Sales revenue increased by 67% to 9.4 trillion rubles from 5.64 trillion rubles, EBITDA increased by 2 times to 1.4 trillion rubles from 687.1 billion rubles.