YukosSibneft reports on oil extraction January-October

Nov 24, 2003 01:00 AM

YukosSibneft extracted 93.82 mm tons of oil in the first ten months of the year against 78.66 mm tons in the same period last year, Yukos deputy CEO Yury Beilin told a meeting of the Yukos board in Moscow.
YukosSibneft processed 39.75 mm tons of oil in the first ten months of 2003, Beilin said.

An estimated 24.33 mm tons of oil products were on the domestic market and 14.53 mm tons were exported, he said.
In addition, the Yukos financial director said the company's analysts intend to calculate the effect of the merger of Yukos and Sibneft, which is scheduled for late 2003.

Source: Interfax
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