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Lukoil’s Diamond Revenue More Than Doubles

Aug 30, 2016 1:32 AM   By Rapaport News
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Lukoil’s diamond sales from its Grib mine jumped 120 percent in the first half, Russia’s largest oil producer reported.

Revenue grew to $169 million (RUB 11 billion) from $76.8 million a year ago, the miner said. Sales in the second quarter were flat at $46.1 million.

Lukoil started production at the Grib deposit in Arkhangelsk in September 2014.
Tags: Arkhangelsk, grib, Grib mine, lukoil, mining, oil, Rapaport News, Russia
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