News
RussNeft to Buy a Refinery.
NK RussNeft is planning to buy oil refining assets by the end of 2005 as was stated by the Company President Mikhail Gutseriev at a press conference.
The Border Terminal to Help RussNeft.
NK RussNeft OAO has put in operation a five-million-ton-capacity oil loading terminal in Bryansk. Crude oil is to be pumped from the oil pipeline into railway tank-cars and transported by railway to Mozyr and Novopolotsk refineries (Byelorussia), Baltic States and Eastern Europe.
RussNeft, the Fastest Growing Oil Company in Russia, to Expand its Export.
NK RussNeft OAO, the fastest growing oil company in Russia, is going to double its production volumes and bring them to a level of 400 000 barrels per day. The Company also plans to export the most part of its crude thus balancing the slow-down of crude oil production that occurred after the government cracked down Yukos.
RussNeft Plans IPO, Dates and Volumes not Yet Set.
NK RussNeft OAO is planning initial public offering (IPO) which was announced by Mikhail Gutseriev at the press conference in Bryansk.
RussNeft Ready to Increase Gas Production in Case of Access to GTS.
RussNeft is ready to increase its gas production volumes in case there is access to the Gasprom gas transportation system (GTS), said President of the Company Mikhail Gutseriev at the press conference in Bryansk.