26.10.2007, 10:37
Tatneft Perfomance Forecast for November Released
OREANDA-NEWS. Tatneft plans to get 31.4 bn RUR of income through November 2007, Veles Capital's information service reported with reference to the head of of company's financial department Evgeny Tikhturov. At the meeting of the board of directors on October 24 it was disclosed that the Company plans earning 26.8 bn RUR off sales of its primary product - oil, 1.311 bn RUR from sales of oil and oil products over secondary market, 3.3 bn RUR should form other income, including tax refunds. "In general we plan to spend 29.8 bn RUR, commercial expenses will form 34.5%,"said Tikhonov. Board meeting reported that Tatneft invested over 12 bn RUR into oil extraction at Tatarstan throughout January-September 2007, and another 2.8 bn RUR were spent beyond the republic's borders. According to the data, for 9 months of current year, the company has purchased and (re-)constructed 24 petrol stations, in addition to reconstruction of production capacities of Nizhekamskshina and Nizhnekamsktechuglerod (Nizhekamsk plant of technical carbon).
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