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RussNeft Launches New Terminal and Will Increase its Oil Production and Export Volumes.

NK RussNeft OAO has launched an oil loading terminal in the Bryansk region. The new facility has a transshipment capacity of 5 million tons of crude oil per year.
02.06.2005 "Reuter"

RussNeft Plans either to Buy or to Build Own Refinery.

NK RussNeft OAO is going to build or to buy a refinery in the time period ranging from 6 months to 2 years. It was announced by President of the Company Mikhail Gutseriev at the press conference in Bryansk.
02.06.2005 "Interfax"

RussNeft to Become an International Company Producing 60-80 Million Tons per Year Within 10 Years.

NK RussNeft OAO intends to become an international company within 10 year with extraction volumes ranging from 60 to 80 thousand tons of crude oil per year. It was announced by RussNeft President Mikhail Gutseriev at the press conference in the town of Zhecha in the Bryansk region.
02.06.2005 "RosBusinessConsulting"

Gutsriev Cuts a Window to Europe.

Mikhail Gutseriev's RussNeft has found a way to increase its crude oil export. The Company has constructed a railway oil loading terminal not far from Russia’s border with Byelorussia. The terminal transshipment capacity is 5 million thousand tons of crude per year.
02.06.2005 "Vedomosti"

RussNeft applies to FAS for purchase of Aganneftegasgeologiya and Tomskaya Neft.

NK RussNeft OAO has applied to RF Federal Antimonopoly Service (FAS) for permission to purchase Multitype Company Aganneftegasgeologiya OAO and Tomskaya Neft ZAO.
31.05.2005 "Interfax"