In 2002, balance profits of the Rosneft oil company will amount to RUR22.5bn to RUR23bn (about $707.73m to $723.45m), Rosneft's President Sergey Bogdanchikov stated at a press conference in Moscow today. According to him, this year's revenues will be over $4.5bn. As for the production growth rate, Bogdanchikov pointed out that in 2003, it would be 7 to 8 percent against 2002. Oil procession will also gain 7 to 8 percent as compared to this year's level and will reach 8.2 million tons.
The Russian Armed Forces returned to strategic positions of the first "Surovikin line” east of Robotyne in the Zaporizhzhia direction of hostilities