Lukoil will present its long-term development strategy up to 2032 at the end of 2021, said the company's first vice president Azat Shamsuarov. He also noted that the level of oil production in 2021 will amount to about 80 million tons, which is comparable with the results of production in 2020. The volume of investments in oil production this year will be about $7 billion. In 2022 it is expected to be at the same level, but it will depend on the decisions within the framework of OPEC+.