Moscow Oil Company, Russia Oil and Gas

On March 23rd, the daily oil and gas condensate output was 1.4435 million tons in Russia

On March 23rd, the daily oil and gas condensate output was 1.4435 million tons in Russia, the Central Dispatch Department of the Fuel and Energy Sector reports. Production was 555,200 tons in Rosneft, 237,300 tons in Lukoil, 167,800 tons in Surgutneftegaz

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S. Kerimov won’t sell his share in Polyus Gold

The businessman S. Kerimov is not going to sell his share of 40.22% in Polyus Gold. Earlier they reported that the sales of the shareholding began last autumn. The news was officially rejected by the representative of Nafta Moscow, the company of Mr. Kerimov.
Earlier Vedomosti wrote referring to the sources close to the company that Mr. Kerimov was going to sell the shareholding. Concerning the current rates at LSE, the shareholding is valued at $3.7 billion.

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