News
Russian-Algerian Business Council Created
Russia and Algeria have entered into the agreement to create the Russian-Algerian Business Council which will function under the aegis of the Commerce and Industry Chambers of the two countries. The press-service of RussNeft reported that the document was signed by Kamel Abdel Rahim, the Co-Chairman of the Council to act on behalf of the People’s Democratic Republic of Algeria, and President of Oil Company RussNeft OAO Mikhail Gutseriev, the Co-Chairman of the Council to act on behalf of the Russian Federation.
RussNeft to Invest in 2006 RUR900 Million in Saratov Region
In 2006 RussNeft scope of investments in the Saratov region will come to RUR900 million, the company says in a statement.
RussNeft and Administration of Saratov Region Signed a Cooperation Agreement for 2006
President of Oil Company RussNeft OAO and Governor of the Saratov region Pavel Ipatov signed today a cooperation agreement for 2006 between the company and the administration of the region, the company’s press-service informed.
RussNeft to Invest RUR900 Million in Saratov Region
In 2006 Oil Company RussNeft OAO will invest RUR900 million in the production programs of the Saratov region, the oil company’s press-service says in a statement.
Russia is Small for RussNeft
Rapidly growing RussNeft is going to make its next acquisition in Israel. The company of Mikhail Gutseriev has filed a preliminary application for acquiring a refinery in Ashdod whose cost is assessed as $380-500 million.