LUKOIL Oil Company reported earnings results for the third quarter and nine months ended September 2009. For the quarter, revenue fell 11.6% compared with the second quarter to RUB 138.9 billion due to roughly a 1 million tonne decline in oil sales and the rapidly rising export duty on crude oil, which directly impacts sales revenue under RAS. Net profit totaled RUB 1.76 billion, a decline of 92.5% or RUB 21.52 billion from the second quarter, mainly due to a RUB 12.3 billion reduction in income from participation in other organizations, a RUB 7.4 billion decline in gross profit and a RUB 1.2 billion increase in interest expense, mainly on company obligations. For the nine months ended September 2009, the company's sales profit fell about 40% to RUB 35.259 billion and the pretax profit was down about 45% to RUB 46.367 billion. Net profit declined almost 40% to RUB 39.256 billion.

LUKOIL Oil Company reported revenue results for the nine months ended September 2009. For the period, the company reported revenue fell 26.7% on the year to RUB 416.345 billion, as calculated under Russian Accounting Standards.

LUKOIL Oil Company announced that by 2019, it plans to increase its filling station chain by 700 outlets. Lukoil owned 6,685 filling stations, up 14.7% in comparison with June 30, 2008. This included 1,974 outlets in Russia (earlier 1,749) and 4,711 foreign stations (4,078) with the exception of mothballed outlets and stations for rent. Therefore, the company plans to expand its filling station network by 10.5%. According to the company, its investment in developing its retail chain in Russia in 2009 is forecast at $274 million (in 2008 around $940 million), 2010 - $232 million and 2019 - $200 million. Overseas investment for filling stations is estimated at $140 million for 2009 (down from $1.3 billion in 2008), in $2010 - around $240 million and in 2019 - around $160 million.