News
$1 Bln for Mr. Gutseriev This is the profit RussNeft is to receive as soon as this year, the promoter of the company Aleksandr Tutushkin thinks
The head and the main owner of RussNeft Mikhail Gutseriev promised yesterday that the company would get $1 bln net profit this year and the level of production will be amounted to 20 mln tons next year. This is a high level but according to experts it is achievable.
RussNeft will Invest 1.5 Bln Dollars into Oil Production during 2007-2012
Oil and Gas Company RussNeft will invest $1.5 bln into resource base development, oil production and geologic exploration during 2007-2012. This was announced to journalists by company’s president Mikhail Gutseriev. Mr. Gutseriev says that during a few forthcoming years the company expects to increase oil production to 20 mln tons – against 17 mln tons at present. He also singled it out that the company has been preparing investment projects that will be carried out during a few years. The increase of oil production, as Mr. Gutseriev puts it, will be a result of putting into operation new fields of Shapshinskaya Group, Novo-Valuninskoye field, Novo-Aganskoye field.
RussNeft will Allocate $1.5 bln to Oil Production from 2007 5 years on, - Mr. Gutseriev
Saint-Petersburg. September, 4. INTERFAX - Oil and Gas Company RussNeft plans to allocate $1.5 bln to producing base development and geological exploration of holding’s oil fields from 2007 during 5 years on, company’s president Mikhail Gutseriev said on the 6th joint session of Russian-Arab Business Council in Saint-Petersburg on Monday.
Oil and Gas Company RussNeft Plans $1 Bln Net Profit for 2006, - Company’s President
SAINT-PETERSBURG, September, 4. /PRIME-TASS/. Oil and Gas Company RussNeft plans to have $1 bln net profit for 2006, company’s president Mikhail Gutseriev told journalists. He participates in the 6th joint session of Russian-Arab Business Council in Saint-Petersburg.
RussNeft Expects to Produce 20 mln tons of Oil Annually
MOSCOW, Septmber, 4. /RusEnergy/. Oil company RussNeft intends to increase oil production up to 20 mln tons annually. Regnum quoted company’s president Mikhail Gutseriev as saying this to journalists after the inauguration of the 6th joint session of Russian-Arab Business Council in Saint-Petersburg. He says a 5 year’ programme of company’s development foresees $1.5 bln investments into producing infrastructure of the company.