News

Russia and Algeria signed in Algiers the agreement on creating the Algerian-Russian Council to function under the aegis of the Commerce and Industry Chambers of the two countries. The press-service of Oil Company RussNeft reports the document was signed by the Co-Chairmen of the Council, RussNeft President Mikhail Gutseriev representing Russia and Kamel Abdel Rahim representing the People’s Democratic Republic of Algeria.

Russia and Algeria have concluded an agreement to create the Russian-Algerian Business Council which will function under the aegis of the Commerce and Industry Chambers of the two countries. The document was signed by Kamel Abdel Rahim, the Co-Chairman of the Council to act on behalf of the People’s Democratic Republic of Algeria, and President of Oil Company RussNeft OAO Mikhail Gutseriev, the Co-Chairman of the Council to act on behalf of the Russian Federation.

Russia and Algeria have entered into the agreement to create the Russian-Algerian Business Council which will function under the aegis of the Commerce and Industry Chambers of the two countries. The press-service of RussNeft reported that the document was signed by Kamel Abdel Rahim, the Co-Chairman of the Council to act on behalf of the People’s Democratic Republic of Algeria, and President of Oil Company RussNeft OAO Mikhail Gutseriev, the Co-Chairman of the Council to act on behalf of the Russian Federation.

In 2006 RussNeft scope of investments in the Saratov region will come to RUR900 million, the company says in a statement.

President of Oil Company RussNeft OAO and Governor of the Saratov region Pavel Ipatov signed today a cooperation agreement for 2006 between the company and the administration of the region, the company’s press-service informed.