The total volume of loans of Tyumen Oil Company (TNK) amounted to $2.5bn as of September 2001, the company's first vice-president Iosif Bakaleinik announced at a meeting with journalists. He noted that the volume of loans in the total volume of the TNK assets is the largest among all Russian companies. In addition, Bakaleinik reported that up to 50 per cent of TNK exports, including oil and oil products, are used as a pledge for credits.
Putin's Annual Address to the Federal Assembly is scheduled for September 30. Kremlin sources say it will become even more historic and globally important than his 2014 speech