During the first six months of the current year the production volume of Belkamneft OAO (Izhevsk, Udmurtiya) reached 1.770 million tons which is 6% more than set by the plan. The current production volume of RussNeft is 14.5 million tons of crude oil per year, which allows the Holding to go up in the rating of the 10 leading oil companies of Russia.
Nizhne-Shapshinskoye oilfield whose development license is possessed by Aki-Otyr OAO (a subsidiary of NK RussNeft OAO) is to be started up by the end of 2005.
NK RussNeft OAO plans to commission Nizhne-Shapshinskoye oilfield by the end of 2005, and Verkhne-Shapshinskoye and Sredne-Shapshinskoye oilfields /Nizhnevartovsk District of KhMAO/ by the end of 2008, according to the Company papers.
The License Observance Commission of RF Natural Resources Ministry (MPR) is to check 13 sites located in Khanty-Mansiysky (KhMAO), Yamalo-Nenetsky (YaNAO) and Nenetsky Autonomous Regions (NAO), as well as in the Republic of Dagestan and in Sverdlovsk Oblast, according the information of MPR.