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Board of Directors of PJSC “RussNeft” approves Company`s business plan for 2019

26.11.2018

The Board of Directors of PJSC “RussNeft” has approved the Company`s business plan for 2019. The target production level set in business plan is 7.355 million tonnes, excluding Azerbaijan output. Capital investment financing is planned at RUB 28 billion.

The Board of Directors of PJSC “RussNeft” has approved the Company`s business plan for 2019.

The target production level set in business plan is 7.355 million tonnes, excluding Azerbaijan output. Capital investment financing is planned at RUB 28 billion.

The planned macroeconomic parameters will enable the Company to fully implement the production programme within approved strategy next year.

The Board of Directors of PJSC “RussNeft” took into account the business plan implementation scenarios in case of possible changes in Russia`s obligations under OPEC+ deal.  

About company

PJSC “RussNeft” ranks among the top-10 largest oil companies by crude oil production in Russia.

The Company possesses a well-balanced portfolio of assets located in the key Russian oil and gas provinces (West Siberia, Volga-Urals and Central Siberia) as well as in Azerbaijan.

The headcount of the Company is around 6,000 employees.

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