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RussNeft Predicts EBITDA Index Growth to $750 Million in 2006 against $600 Million by 2005 Results.

30.11.2005 "AK&M"

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.

According to her in the current year the company anticipates receipts in the amount of $3.5 billion. Next year they will stay at the same level, in case of new acquisitions this figure may be higher.
O.Prozorovskaya informed that in 2004 the receipts of the company amounted to $1.3 billion with ЕBITDA index equal to $306 million.

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