RUR2,682,0 to develop Transneft
OREANDA-NEWS. On May 30, 2007 Transneft’s Directors Board preliminary approved distribution of revenues under 2006 results. The revenue totaled RUR3 504 877 476.47, reported the press-centre of Transneft.
The annual general meeting of shareholders is instructed to approve revenue distribution as follows:
- for dividends payment under results of 2006 in the amount of RUR822 700 113,71
- for operating development and other similar events for creation of a new property ( financing of works for execution of one-phased-designing with development of the Declaration of intention and working documentations with regard to the Baltic Pipeline system project) - RUR2 682 177 362 ,76.
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