The Lisichansk refinery produced the greatest volumes of crude of all Ukrainian refineries last year. In January/December 2003, oil supplies came to 7,143,600 tons, a 21.1% growth on last year.
TNK-BP''s owners are getting ready for restructuring. Petroleum assets of the four companies, TNK, ONACO, Sidanco, and Slavneft, may be transferred to a holding registered in Russia, which will become a profit center.
Gazprom OJSC Board Chairman held a working meeting with the Irkutsk Region Governor Boris Govorin in Moscow on January 28, the company''s news release says.
On January 21, 2004, dedicated scholarships awarded by TNK-BP oil company to the best students from the Saratov State University School of Geology were granted.
TNK-BP oil major and the Saratov Region Government entered into a collaboration agreement on January 27, a correspondent of Interfax who attended the signing ceremony reports.
Germany-based Oiltanking Deutschland GmbH together with TNK-BP is eyeing construction of a terminal to transship petroleum products in the port of Ust Lug, Leningrad Region, Grigory Dvas, Vice Governor of the Leningrad Region at a news conference in Interfax North West agency on January 26.
TNK-BP’s board of directors has set out over $1 billion per year in capital expenditure until 2005, in a strategic development plan approved last month. Capital spending will then start to rise as the company starts investing in greenfield projects.