"Bashneft" with a guaranteed income.

The company recorded dividends.

"Bashneft" became the first Russian oil company, which introduced an updated strategy, taking into account the fall in oil prices, devaluation and tax maneuver. The company plans to increase production and will not fully load refining, which became less profitable: this year "Bashneft", traditionally buying oil for its refineries, will close its own needs. The company promises a unique setting for shareholders, fixing the dividend at no less than 20 billion roubles per year - but analysts state it does not compensate for the absence of the company’s plans for SPO.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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