News

Oil Company RussNeft includes but not is not limited to business activities in all regions of its operation. It cannot help but do so for advances and problems of the regions are an important part of employees’ lives. A major welfare project of the company in Orsk this year is provision of gas supply in the Pobeda village.

Raduzhny, Khanty-Mansi Aunonomous Area. It is planned to build in Raduzhny a new infectious diseases division of the local hospital. Part of the funds for the construction - 20 000 000 rubles - are allocated within the framework of the agreement on social partnership signed between Oil & Gas Company "RussNeft" and the Governmnet of Yugra. It was told to "Tyumen Line"agency by the press-service of Raduzhny administration.

Orenburg, October 16, INTERFAX OAO “Orsknefteorgsintez” (subsidiary of Oil and Gas Company “RussNeft” in Orenburg region) increased in September refining of hydrocarbon raw stock 46.5 % as compared to September 2005 – up to 417.7 thousand tons, said press service of the plant.

Ecological safety has always been a spotlight for OAO Saratovneftegaz (which falls within RussNeft’s structure); in 2006 alone the company plans to allocate 25.5 mln. rubles to environmental measures. The company works hard on depreciated pipelines replacement, oil-alime utilization, acres reclamation and environmental impact of production operation minimization.

ZAO GRAND Association which manages a network of gasoline filling stations branded RussNeft plans to issue 3 years’ bond certificates of the first series to the amount of 3 bln rubles, an official report of the company says.