Company news in July 2004

TNK-BP in Udmurtia

July 02, 2004, Friday

A meeting of the republican senior executives with TNK-BP''s representatives at the Residence of the Udmurtian President on July 1. The meeting discussed business cooperation between the parties and the prospects of the republican oil industry development. TNK-BP''s specialists submitted a comprehensive presentation of development of the retail service network, which gears toward building-up of a quality and transparent service market for oil-extraction producers. Implementation of this program will enable, in the opinion of TNK-BP''s top management, to increase investments into the regional business and ensure specialization of service enterprises'' management, will contribute to the services market and competition development and to increase in crude oil output and, consequently, in payments to the republican budget. During the meeting, the parties exchanged opinions and requests and, to finish the meeting, confirmed their intention to develop mutually advantageous cooperation of the Udmurtian Republic and TNK-BP, the Internet edition informs.

Source: Website of the President and the Government of the

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