News » Economics

TNK International posts EBITDA forecast

20.12.2002 | Source:



Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) of the TNK International will amount to $2bn-2.5bn in 2002, Vice President of Tyumen Oil Company Iosif Bakaleynik declared at a news conference organized by RBC today. According to him, the company's forecast for 2003 is that this figure will be $1.8bn, in accordance with the expected world price for Brent oil at $18 per barrel, which is stipulated in the budget. The vice president expressed hope that the 2003 EBITDA would be comparable to the 2002 figure under more favorable price conditions.

© &to=' target=_blank>RBC


Popular photos

Most popular

What kind of war can USA and China start?
What kind of war can USA and China start?
The situation around the Paracel Islands and Spratly archipelago has been heating up lately. American-Chinese relations aggravate, and China does not intend to hide its power. Can these contradictions...
Canada's new PM: Obama lite
Canada's new PM: Obama lite
With their national election concluded, today many Canadians now are probably struggling to understand the result: The Liberals under Justin Trudeau swept into office after they gained a majority of...
Рейтинг Rambler_s_Top100_Service