News
RussNeft Finalized Acquisition of 62 Percent Stake of Tomsk Neft.
NK RussNeft OAO has bought 62 % shares stake of Tomsk Neft ZAO according to the information of the Company.
RussNeft Intends to Export All the Crude Produced.
RussNeft is going to start up in June an oil loading pipe-rack of 5 million tons yearly capacity at Zhecha railway station in the Bryansk region. According to President of the Company Mikhail Gutseriev, it will allow RussNeft to export almost all the crude oil produced by the Company.
RussNeft Needs a Refinery.
Oil Company RussNeft keeps on growing muscles. The big oil loading terminal initiated lately in the Bryansk oblast has secured relative independence of the Company from Transneft. Presently the Company is thinking about further increase of its crude oil extraction and acquisition of a refinery. It will make RussNeft a complete vertically integrated company of the Vertically Integrated Oil Complex.
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.