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By the End of the Year RussNeft to Complete Acquisition of New Assets in Azerbaijan, Kazakhstan and Mauritania - Mikhail Gutseriev

Algiers, May 21, 2006 – RIA Novosti. Oil Company RussNeft OAO is going complete acquisition of new assets in Azerbaijan, Kazakhstan and Mauritania by the end of the year, head of the company Mikhail Gutseriev informed the reporters on Sunday. According to him, the company intended to buy new oilfields in the areas of its operation traditionally found in Eastern and Western Siberia.
21.05.2006 RIA "Novosti"

RussNeft to Create a JV with an Algerian Company in One and a Half Month

May 21, 2006, Algiers 13:49:26 – Oil Company RussNeft is going to create a joint venture with one of the Algerian companies during one month and a half. The joint venture will be involved in implementation of joint projects in Algeria. The news was broken at the press-conference in Algiers on the results of the meeting of the Russian-Algerian Business Council by its Russian Co-Chairman Mikhail Gutseriev, President of RussNeft. According to him, presently the Russian company was talking to the partners concerned.
21.05.2006 "RosBusinessConsulting"

RussNeft Opens Representative Office in Belarus

Oil Company RussNeft OAO is opening its representative office in Belarus, the company says in a statement.
19.05.2006 "Interfax"

Slovakia Approves the Sale of 49% Stake at Transpetrol to RussNeft

Moscow. May 19. Interfax-ANI – The antimonopoly authorities of Slovakia approved the sale of 49% stake at Transpetrol, a Slovakian pipeline operator, to Russian company NK RussNeft OAO, Slovakian authorities said in a statement.
19.05.2006 "Interfax"

In 2006 RussNeft to Invest RUR 600 Million in Upgrade of Krasnodar Refinery

Krasnodar, May 15, Interfax – On Monday Governor of Krasnodar region Alexander Tkachov and President of RussNeft OAO Mikhail Gutseriev signed a cooperation agreement in Sochi, the regional administration informed Interfax.
16.05.2006 "Interfax"