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Moscow. “Russneft“ agreed to a debt restructuring with its major lenders - Sberbank and Glencore. They agreed to reduce the annual interest rate on loans from 12 to 8%. This will save oil company 200 million dollars a year, which it’s planning to direct at investments in existing and new projects. “Russneft“ is planning to repay debts in full by 2020, but the most part of them it will pay even earlier.

Raduzhny, KhMAO, OAO "Varioganneft" ( a producing subsidary of OAO NK "RussNeft" is implementing a complex program of repaits and reconstruction of social objects at its oilfields. , says the press-service of the company.

Sochi. OJSC “NK “RussNeft” plans to increase oil production by 1 million tons annually, said to RBC the President of the company Mikhail Gutseriev within the Investment Forum in Sochi. He explained that already has developed a new strategy of the company, aimed at rapid growth of production - not less than 1 million tons per year. "Otherwise we could not pay it back" - he said.

Sochi. The Board of Directors of “Russneft” (RUSN01) within 3 weeks will adopt the strategy of development, the CEO Mikhail Gutseriev told to journalists. "The strategy has already been developed. Within three weeks it will be approved by the Board of Directors."

Sochi. One of the largest Russian oil companies OJSC ”RussNeft” plans to buy new assets in Russia and abroad, CEO Mikhail Gutseriev has told to reporters on Friday.