TNK-BP to invest $253m in Saratov region in 2011 | Volga, Materials, extraction MarchmontNews.com

Volga | Materials, extraction

TNK-BP to invest $253m in Saratov region in 2011

29 Nov '10
Russian-British oil company TNK-BP intends to invest $253m in development of its firms in Saratov region in 2011, up 3.4 times on 2010 investment, regional officials report.

TNK-BP has two subsidiaries in Saratov region – Saratovnefteproduct and Saratov Oil Refinery. Another TNK-BP’s company – Orenburgneft – owns licenses on exploration of two hydrocarbon deposits in Saratov region.