Oil Company RussNeft OAO is making plans for area-wise consolidation of its oil producing assets. It was announced at a presentation by the company’s Corporate Relations Vice-President Dmitry Romanov.
Oil Company RussNeft OAO is planning to increase the number of petrol stations in Moscow and its province bringing it to 300, informed the company’s Vice President for Economics and Finances Olga Prozorovskaya at the presentation of RussNeft bonded debt.
(it is being found out if Vice-President for Economics and Finances of RussNeft mentioned in the fifth paragraph is Prozorovskaya and not Romanovskaya)
RussNeft plans to begin placement of its debut bond issue to the amount of 7 billion rubles on the 16th of December 2005. This was communicated at the presentation of the bonded loan by Senior Vice President of Alfa Bank (a lead bank of the issue) Arthur Saribekov.
Oil Company RussNeft OAO anticipates ЕBITDA index growth to $750 million in 2006 against the $600 planned in 2005. The statement was made by the company’s Vice President for Economics and Finances Olga Prozorovskaya.