Source Pravda.Ru

YUKOS set to increase oil output by 11%

YUKOS will raise its oil production by 11 percent to 90m tons and its capital investments by 1 percent to $1.9bn in 2004, the board of directors of the company decided on February 26.

Earlier, YUKOS CEO Semyon Kukes declared that the company was planning a 10-percent rise in oil production in 2004. Analysts said that the oil output might advance by 9 percent.

In 2003 YUKOS produced 80.8m tons of oil and gas condensate, which was 16.3 percent higher than in 2002. The company's oil exports stepped up 33.6 percent to 49.2m tons last year. Oil product exports grew 15.1 percent to 11.9m tons in 2003.

Comments
NATO to strike Russia through Suwalki Corridor
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
Gaddafi's predictions come true as Americans gang rape the world
Gaddafi's predictions come true as Americans gang rape the world
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
Gaddafi's predictions come true as Americans gang rape the world
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
South Korean President finds DPRK people eating sturgeon at fancy restaurants
Israel is always right, just because it is Israel. However, Russia is not addicted to BDSM
Mysterious genealogy of Russian President Putin
Gaddafi's predictions come true as Americans gang rape the world
On the collapse of civility in Western nations: living in the era of 'not nice'
Will Russia and USA clash in Syria?
On the collapse of civility in Western nations: living in the era of 'not nice'
On the collapse of civility in Western nations: living in the era of 'not nice'
How many aircraft and pilots Russia has lost in Syria so far
On the collapse of civility in Western nations: living in the era of 'not nice'
How many aircraft and pilots Russia has lost in Syria so far
NATO to strike Russia through Suwalki Corridor