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Both Off- & Onshore

Owner of RussNeft Mikhail Gutseriev who has recently bought three medium-scale refineries and thus completed vertical integration of his holding company is making grand plans for the future.
27.12.2005 "Vremya Novostey"

RussNeft OAO Anticipates $1billion Net Profit in 2006

Russneft OAO anticipates $1 billion net profit in 2006. The statement was made today by Russneft President Mikhail Gutseriev at a press-conference to cover the results of the company activity in the current year. At this he pointed out that according to the results of 2005 $700 million profit was anticipated.
26.12.2005 "RosBusinessConsulting"

TNK-BP to Export Crude Via Bryansk Oil Loading Rack of RussNeft

Beginning from January 2006 Company TNK-BP is going to export its crude oil via the oil loading rack of RussNeft in the Bryansk region, said President of the company Mikhail Gutseriev at a press-conference Monday.
26.12.2005 "Interfax"

RussNeft Seeks to Take Up 25% of Moscow’s Market within Next Two Yeara

RussNeft seeks to take up 25% of Moscow region market in the nearest two years. The statement was made today by President of the company Mikhail Gutseriev at a press-conference devoted to the results of 2005. According to him, the company owns 102 retail outlets in Moscow and its province and within two year the company intends to increase the number up to 200. “At that we’ll stop,” said M.Gutseriev.
26.12.2005 "RosBusinessConsulting"

Price of 49% Stake at Transpetrol Not to Be Much Higher than Paid by Yukos, RussNeft Believes

RussNeft believes the amount of the deal on the purchase of the 49% stake at Slovakian Transpetrol is not going to be much higher than the one paid by Yukos. Such statement was made today by RussNeft President Mikhail Gutseriev at a press-conference on the results of the year.
26.12.2005 "RosBusinessConsulting"