Some 20 people seriously injured as Aeroflot plane hits air pocket in ThailandWorld May 01, 6:57
Russian members of VE Day motorbike rally not allowed into PolandWorld May 01, 1:55
Rally in Dutch capital pays tribute to Odessa fire victimsWorld May 01, 1:52
Russian traveler reaches South Africa by motorbikeSociety & Culture May 01, 0:49
Ukraine blows money by building dam to cut Crimea off water — Russian lawmakerRussian Politics & Diplomacy May 01, 0:41
Some 150,000 motorsport fans attend F1 racing weekend in Russia’s SochiSport May 01, 0:39
Putin, French ski legend Jean-Claude Killy join ice hockey training session in SochiSport April 30, 21:09
Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
SKOLKOVO, June 20. /TASS/. Russneft plans to increase oil production to 10.5 mln tonnes in several years, the majority shareholder of the company Mikhail Gutseriyev said on Monday.
"10.5 mln tonnes [to be produced] in several years. We will develop our fields," Gutseriyev said. The company currently produces 8 mln tonnes of oil yearly, he said.
Russneft will not establish a corporate retail sites chain, he added.
According to Gutseriyev Russneft does not plan to participate in the purchase of shares of Bashneft.
"No, I do not want it [to buy Bashneft]. We do not have such money to buy Bashneft. And what for? We can create it [a new large oil company like Bashneft] ourselves - it is 5 times cheaper," Gutseriev said.