Bashneft plans capital investment at the volume of 19 bln roubles into Trebs and Titov deposits in 2015
Edited by Rhod Mackenzie / 2015-03-27 09:47:32
Bashneft plans the capital investment at the volume of 19 bln roubles into the development of the Trebs and Titov deposits in 2015, Vice-President of Bashneft, D. Stankevich, said.
The company plans to invest 20 bln roubles into old deposits, he added.
According to him, meanwhile the company doesn’t plan to purchase new fuel stations. “We make a pause now”, he said.
Bashneft was issued the license for the development of the Trebs and Titov deposits on the results of the tender in 2010. Lukoil is its partner by the development of the deposits via a JV “Bashneft-Polyus”.
The investment of Lukoil group into “Bashneft-Polyus” in 2014 amounted to $90 mln. “Bashneft-Polyus” plans to extract 4.5-5 mln tons of oil a year in future.
