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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.
02.06.2005 "Interfax"

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.
02.06.2005 "Interfax"

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"