TNK-BP Builds Up Oil and Gas Production in the Orenburg Region

Сентября 02, 2010

Alexander Grabovsky, Vice President of TNK-BP and Director of TNK Orenburg, and Valery Batrashkin, General Director of OJSC Orenburgneft, held a press conference in the city of Orenburg and summed up the performance of TNK-BP in the Orenburg Region in H1 2010.

In the first six month of this year, TNK-BP enterprises in the Orenburg Region (OJSC Orenburgneft and LLC Buguruslanneft) produced over 9.7 million tons of oil, 9.8% more than in the same period last year. Gas production in January–June 2010 exceeded 1.2 billion cubic meters, which is 3% more than in the first six months of 2009.
TNK-BP remains the largest taxpayer of the Orenburg Region. TNK-BP enterprises in the Orenburg Region paid 4.215 billion rubles of taxes and other duties into the consolidated budget of the region in H1 2010.
In addition, the company allocated 152 million rubles for repairing general-purpose automobile roads in the Orenburg Region. Apart from that, TNK-BP continues implementation of its charity and sponsorship program in the region and has spent 34 million rubles for these purposes in the first six month of this year. These funds were used for purchasing vehicles, sports equipment, and office equipment for children’s homes and boarding schools, supporting sport clubs, organizing cultural and sporting events, and assisting cultural, healthcare and educational institutions.