PJSC LUKOIL provided capex and production guidance for the year 2017. For the year, The company expects the field to produce approximately 1.1 million tonnes of crude oil in 2017, which is 20% up year-on-year. The company upgrade total hydrocarbon production growth target from the previous range of 1% to 2% to approximately 2.5%, excluding West Qurna projects. The new target is based on stronger-than-planned performance of gas projects in Uzbekistan. It expect refinery throughput volumes in Russia to increase 3% to 4% as compared to the previous range of 4% to 5%, driven by unscheduled repair works at Perm refinery early this year. The company expect capital expenditure not to exceed RUB 550 billion in 2017 compared to initial guidance of RUB 550 billion to RUB 600 billion. This is due to stronger-than-expected ruble as well as optimization measure.