TV: Islamic State re-enters ancient city of PalmyraWorld December 10, 21:20
Saudi minister says Russia led consultations process with OPECBusiness & Economy December 10, 20:41
UK foreign secretary says protection of civilians should be 'top priority' in SyriaWorld December 10, 20:31
Non-OPEC states join historic oil cut dealBusiness & Economy December 10, 20:23
Russian diplomat urges Western reporters to be unbiased in war news coverageRussian Politics & Diplomacy December 10, 20:08
Russia, Oman enter committee for control over oil production — Iraqi oil ministerBusiness & Economy December 10, 20:07
Iran's oil minister says non-OPEC countries agree to cut oil production by 600,000 barrelsBusiness & Economy December 10, 19:42
Russia, Oman enter committee on controlling oil production created by OPEC - BloombergBusiness & Economy December 10, 17:40
Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
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.