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The enterprise’s facilities were put into operation

Promotion “Go on vacation in a brand new car!” on TNK filling stations in Kiev is extended till the end of September

President of TNK-BP Commerce LLC speaks of the current situation, growth plans for LINIK and retail network and prospects of producing oil in Ukraine

In the wake of the 10th anniversary of TNK-BP in Ukraine, company executives briefed the President on the results of TNK-BP’s work in the country and plans going forward.

TNK-BP’s shareholders and managers are implementing far-reaching plans in Ukraine.

In the beginning of December, the President of TNK-BP in Ukraine in his interview to "Delo" newspaper spoke about the results of the departing year, investments into business development and hryvnia exchange rate.

The President of TNK-ВР in Ukraine speaks about the future of Ukrainian petroleum refining industry and the Company’s strategy under crisis conditions.

Based on the results of 2008, the Lisichansk Oil Refinery (CJSC LINIK, the Lugansk oblast') suffered losses in the amount of 794,080 million hryvnya. Sergey Lizunov, President of TNK-ВР Commerce, managing the refinery, has explained that the losses of the oil refinery are connected, first of all, with the dramatic drop in the oil prices at the end of the last year.

In 2009 the Russian-British TNK-BP Company intends to retain the high volume of investments and production at the largest Ukrainian Lisichansk Oil Refinery, which de facto belongs to the Company, despite the intensification of the economic crisis and the decline in the petroleum products' consumption in Ukraine.

On November the 27th, 2008 the Economic Court of the city of Kyiv passed the judgment, by which it acknowledged as illegitimate the Antimonopoly Committee of Ukraine’s imposition of the penalty in the amount of 500 thousand hryvnya on the CJSC LINIK for, allegedly, the violation of the competition legislation in November — December 2007.

The top-manager has expressed his hope that the Government, together with the market participants, would succeed in approving a package of solutions, which would lead to the normalization of work of the Ukrainian oil processing industry.