Oil no longer burns in Chechnya
The Rosneft Board of Directors yesterday summed up the company's activities in Chechnya. According to Rosneft press secretary Alexander Stepanenko, in ten months of this year its subsidiary, Grozneftegaz, produced 518 thousand tons of oil against the plan of 386 thousand tons, and by the end of the year the production volume will reach 700 thousand tons. Since, by government decree, all Chechen oil is exported, the company received 1.8 billion rubles.