“Orsknefteorgsintez” in the I quarter increased its revenues by 12%
Orsk. Revenues of “Orsknefteorgsintez” (enters into NK “RussNeft” (PTC:RUSN) in the I quarter of 2011 amounted to 1 billion 109.407 mln. rubles and increased by 12% as compared with the I quarter of 2010, as stated in the quarterly report of the enterprise.
Increase in revenue the enterprise connects with the price rise of petroleum products processing services (by 19%). At the same time the decline in volumes of refining during the reporting period amounted to 5.5%, while production costs for oil refining grew by 20%.
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All Show allRussNeft increases oil production in the first half of the year by almost 2%
up to 3.043 million tons
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