OREANDA-NEWS. On 13 August 2009 Veles Capital released daily review:

TNK-BP and Tatneft provided their operating results for 1H 2009. TNK-BP reduced oil products selling by 6.6% to 15.702 mn tons in 1H 2009 versus the similar period of 2008, while oil selling by the company has upped within the given period by 7.5% to 24.097 mn tons. Tatneft sold 13.117 mn tons of its own oil in 1H 2009, which is 1.7% higher than a year earlier.

India offers Russian major oil companies to compete with China in joint effort. Indian ONGC Videsh carries out negotiations with Rosneft, LUKOIL and Gazprom on the possibility of collective purchase of the Argentina division of Repsol – YPF, imparts Interfax referring to Economic Times. Indian company plans to choose one of the given russian companies to become partners.

Two largest TGC reported for 1H 2009 by RAS. Sales of Mosenergo in 1H 2009 grew versus the similar period of 2008 by 24% to 59.6 bn RUR. Sales of TGC-1 in 1H 2009 upped versus the similar period of 2008 by 20% to 19.4 bn RUR.

KAMAZ reported by RAS for 1H 2009. KAMAZ, JSC gained 1.6 bn RUR of net loss by RAS in 1H 2009 versus profit of 2.6 bn RUR a year before. The sales of the company within the six months of 2009 dropped 2.1 times and formed 23.8 bn RUR.

AvtoVAZ has almost used up the state bail. As of August 11, AvtoVAZ, JSC has used up 24.32 bn RUR out of 25 bn RUR, received within the frames of state bailout measures.

NMTP upped the cargo turnover by 8.4% within 7 months of 2009. Cargo turnover by NMTP totaled 50,601.9 thousand tons within the reported period, which is by 8.4% or exceeds the volume of transfer within the similar period of 2008 by 3, 919.9 thousand tons.