“Belkamneft” group of companies allocated more than 13 million rubles to the socio-economic development of regions in Udmurtia

Agreements are annually made with the regions, on the territory of which “Belkamneft” group of companies carries out oil production and define joint socio-economic and production objectives of each region. On the whole in 2011 “Belkamneft” group of enterprises plans to allocate about 17 million rubles to the regions of the Republic.
OAO ‘Belkamneft” is one of the largest oil producing enterprises in the region. It carries on business in the territory of 14 districts of Udmurtia. Annual production is about 4 million tons of oil, which is 40% of the whole volume of produced oil in the territory of the Republic.
Tax deductions of “Belkamneft” group of companies for 9 months of the year 2011 amounted to 16.5 billion rubles, including to the republican budget 2 billion rubles, which is 57% higher than the year 2010.