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RussNeft Invests $1.5 bln

05.09.2006 "Vedomosti"

PRIME-TASS – Oil and Gas Company RussNeft’s investment into new fields production and development during 2007-2012 will reach the point of $1.5, company’s president Mikhail Gutseriev announced.

The strategy of company’s development foresees the increase of oil production up to 20 mln tons next year. The company plans IPO during a few forthcoming years.

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