Yukos to invest more than 11 billion rubles next year

Oct 25, 1999 02:00 AM

The value of Yukos' investment program for 2000 is estimated at more than 11 billion rubles, of which 8.35 billion rubles will be invested in oil production. These figures were disclosed at a recent session of the company's management board.
Before the end of this year, all the company's subsidiaries must present it with workable investment plans for next year. If no suitable projects are presented, the money will go to repay the company's credits before term.
In 1999, the share of the company's exports outside the CIS in its total exports climbed from 33% to 37%. This year, investments in oil production by Yukos are expected to reach 1.7 billion rubles.

Source: VEDOMOSTI via NewsBase
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« December 2018 »
December
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31

Register to announce Your Event

View All Events