News
Refueling at Gutseriev’s. RussNeft Buys Grand, Biggest Independent Retail Network in Moscow.
As the Vedomosti has come to know that company RussNeft headed by Mikhail Gutseriev is buying the biggest in Moscow independent retail network called Grand.
RussNeft Acquires ‘Grand’.
The company has bought a big retail network of petrol stations. As the Kommersant has found out, NK RussNeft OAO has come into possession of one of Moscow’s first-rate retail networks called Association Grand ZAO owing 64 petrol stations in Moscow and its province.
RussNeft to Invest One Billion Rubles Exploration at Tomsk Oblast.
In 2005 NK RussNeft OAO will invest one billion rubles in exploration of oilfields. As a Regnum correspondent informs, the statement was made by General Director of RussNeft Mikhail Gutseriev after the cooperation agreement between RussNeft and the Tomsk region administration had been signed.
RussNeft Thinks of Increasing Its Oil Output by 50% in 2005.
NK RussNeft OAO is thinking of increasing its oil output by 50% against the result of 2004 and bring it to 15 million tons, as informed President of the company Mikhail Gutseriev Friday at a press-conference in Tomsk given up to the cooperation agreement concluded between the company and the Tomsk region.
By 2006 RussNeft Plans to Double its Oil Output in Ulyanovsk Region
In 2004 subsidiaries of RussNeft in the Ulyanovsk region produced 600 thousand tons of crude oil. The oil production in this region is conducted by three subsidiaries of the company – JV Nafta-Ulyanovsk ZAO, Ulyanovskneft OAO and Nefterazvedka OAO. Head of the company Mikhail Gutseriev said that by 2006 RussNeft is going to double its oil production in Ulyanovsk region. It was also decided about laying a pipeline between Samara and Ulyanovsk regions.