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BarentsObserver.com - Cross-border news

Komi oil and gas processing in figures



In the period January-September 2005 oil processing in Komi increased by 8,6 percent. Extraction of gas amounted to 1,9 billion cubic metres, which is up amazing 210 percent from the same period in 2004. The gas extraction increase comes in the wake of the bigger industrial production capacities of the Severgazprom company. 100 percent of enterprises within the regional oil and gas industry run with profits.


Total balanced profits of the oil processing industry amount to 1,2 billion RUB, which is up 460 percent from the same 2004 period.