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The Warsaw Voice » Business » August 8, 2018
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Lotos predicts results for Norwegian and Lithuanian concessions
August 8, 2018   
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Fuel group Lotos expects production at its currently held concessions in Norway and Lithuania to keep shrinking slightly year on year but is "actively working" to increase the output of its existing oil and gas deposits, according to the company's communications representative Mikolaj Szlagowski.
The company also plans to launch production at its currently developed 8.1 million barrels of oil equivalent (boe) Utgard deposit in Norway in Q1 2020 while production at the 12.9 boe million Yme deposit is to kick off in Q2 2020, he added.
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