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In 2008 “Belkamneft” is going to produce 4 million tons of oil

In 2008 one of the largest oil producing companies of Udmurtia, OAO “Belkamneft” is planning to produce 4 million tons of “black gold”, which corresponds to the production level of 2007.
20.03.2008 “Udmnews.ru”

In 2007 “Orsknefteorgsintez” increased net profit by 22%.

Orenburg, March 19, INTERFAX – OAO “Orsknefteorgsintez”, a subsidiary of OAO NK “RussNeft” plans to saaingn to payment of dividends 20 million 261.790 thousand rubles of its net profit for 2007 which amounted to 675 million 053.283 thousand rubles, according to the company’s report.
19.03.2008 “Interfax”.

Memorandum of Understanding on setting up a complex for utilisation of associated petroleum gas signed in Yugra

Today, on March 14, 2008 the Governor of Yugra Aleksandr Filipenko, CEO of Salym Petroleum Development N.V. Harry Brekelmans, First Vice President of OAO NK RussNeft Oleg Shchegolev and General Director of OOO Monolit Andrey Nepomniashchiy signed a Memorandum of Understanding on setting up a complex for associated petroleum gas utilization and generating capacities. This information was obtained by IA REGNUM at the press-service of the Governor of Khanty-Mansi Autonomous Okrug.
14.03.2008 "Regnum"

Salym Petroleum Development, OAO NK RussNeft and OOO Monolit work on joint utilisation of associated petroleum gas

Khanty-Mansiysk. On March 14, 2008 Salym Petroleum Development N.V. (SPD), OAO NK RussNeft and OOO Monolit signed a Memorandum of Understanding in Khanty-Mansiysk. The Parties agreed upon the main principles of interaction on the utilisation of the associated petroleum gas from the Salym and Shapshinskoe fields in the Khanty-Mansi Autonomous Okrug. According to the Memorandum the associated petroleum gas from these fields will be processed at the Gas Processing Plant (GPP), which be built within the territory of the West Salym field. The dry gas will be used to generate power required for RussNeft and SPD operations in the above fields. The surplus gas will be delivered to the gas transportation network.
14.03.2008 "Prime-TASS"

Salym Petroleum Development, OAO NK RussNeft and OOO Monolit sign a Memorandum of Understanding on the utilisation of the associated petroleum gas

Khanty-Mansiysk. On March 14, 2008 Salym Petroleum Development N.V. (SPD), OAO NK RussNeft and OOO Monolit signed a Memorandum of Understanding in Khanty-Mansiysk. The Parties agreed upon the main principles of interaction on the utilisation of the associated petroleum gas from the Salym and Shapshinskoe fields in the Khanty-Mansi Autonomous Okrug. According to the Memorandum the associated petroleum gas from these fields will be processed at the Gas Processing Plant (GPP), which be built within the territory of the West Salym field. The dry gas will be used to generate power required for RussNeft and SPD operations in the above fields. The surplus gas will be delivered to the gas transportation network.
14.03.2008 "AK&M"