Q. In recent results, Yukos posted a $ 3.47 Billion net income, from gross revenues of $ 9.81 Billion. That is 65% higher than Lukoil's net income of $ 2.109 Billion. Meanwhile, you are making a net profit of $ 8.18 per barrel compared with Lukoil's $ 3,69 per barrel. So what is the secret of your profitability in comparison with Lukoil's, and how have you achieved this? Has it been through technology, has it been through rationalising, or a combination of many different aspects?

A. It is difficult for me to make a head to head comparison with Lukoil because I do not have their numbers and can not do a side by side comparison. What I can tell you is why I think our profits are relatively higher compared to other companies in the industry.

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