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“RussNeft” in 2011 plans to produce at KhMAO 6,8 mln. tons of oil and 1,3 bln. cum of gas.

11.02.2011 “Prime-TASS”

Khanty-Mansiysk. OAO NK “RussNeft” (RUSN01) and the Government of Khanty-Mansiysk Autonomous Region signed cooperation agreement for 2011, the company informs.

The license is valid until 31 December 2034. According to the company’s information,In 2011 “RussNeft” and its subsidiaries at KhMAO plan to produce 6.8 mln. tons of oil and 1.3 bln. cum of gas. Volume of capital investments in 2011 will amount to 6.8 billion rubles.
By doing so, the amount of financing programs for environmental protection and rational use of natural resources of NK “RussNeft” will reach 140 million rubles.
As noted in the statement, a priority for the company in 2011 will be the continuation of activities on rational use of associated petroleum gas. Its implementation will make it possible for subsidiaries of the holding at KhMAO in 2012 to provide the use of associated gas in accordance with the requirements of federal law /not less than 95%/. In addition, the document supposes allocating 51 mln. rub. by “RussNeft” and its subsidiaries at Khmao for realization of social and charity programs at the district territory.

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