Media outlook in July 2005

In the course of five years TNK-ВР plans to expand the network of own fuel stations in Ukraine up to 150 units

The Executive Vice-President in charge of downstream operations TNK-ВР Anthony Considine informed that in the course of five years the company planned to expand the network of own fuel stations from existing 51 up to 150 units. At the same time the representatives of the company refused to name the amount of possible investments in development of the network. Anthony Considine explained that at present the company was conducting market research with assistance of international experts. The research returns will be submitted for consideration of the board of directors of TNK-ВР. "We do not want to talk about some definite figures, since the market is very sensitive, and the market could strongly fluctuate from these figures. For today this is classified information", - noted the President of TNK-BP Ukraine Alexander Gorodetsky.

Source: Interfax-Ukraine

Buddy, u know how the Moskals call our Odessa-Brody oil pipeline? – "Brody–Odessa!"

The State Property Fund of Ukraine confirmed fulfillment of the investment obligations, undertaken by TNK-ВР when privatizing the Lisichansk Oil Refinery