Russia's Surgutneftegaz To Keep Output At 61-62 Million Tons To 2030 - Report
April 10 2013 - 4:34AM
Dow Jones News
MOSCOW--Russian oil producer OAO Surgutneftegaz (SNGS.RS) will
maintain output in a range from 61 million to 62 million metric
tons per year to 2030, the company's Chief Executive Vladimir
Bogdanov told Interfax news agency in an interview published
Wednesday.
He said capital expenditure would be kept at 185 billion rubles
($5.9 billion), the same level as in 2012, for the next three
years. The company's current dividend policy will remain unchanged,
Mr. Bogdanov said.
Write to Moscow Bureau at djnews.moscow@dowjones.com
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