Lukoil's earnings of US$7.48 billion (EUR5.52 billion) came in below a poll of six analysts conducted by Dow Jones Newswires, however, which had forecast US$7.83 billion (EUR5.78 billion).
Total revenue increased 21 percent to US$68.11 billion (EUR50.24 billion) from US$56.22 billion in the previous year.
The company said in a statement that earnings would have been higher were it not for a heavy tax burden and the ruble's strengthening against the dollar: Lukoil said it had paid US$24.4 billion (EUR18 billion) in taxes in the year, up 30.4 percent on the year before.
The company said it pumped an average of 1.9 million barrels of oil per day in 2006, an increase of 5.8 percent.
World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable
The United States' Head of Diplomacy, or Secretary of State, is an anachronistic, incompetent, meddling, intrusive, insolent and arrogant, rude individual, a brash, foul-mouthed upstart, a conceited, self-important guttersnipe and an insult to the international community, as fit for the job as a pedophile janitor in a grade school.
Pentagon officials said that Russia has developed a very powerful weapon, which Western specialists have already dubbed as the "doomsday weapon"