The total amount of investments of Rosneft was more than 6.55bn rubles ($209m) in the first quarter of 2003, which was 245 percent of the corresponding period in 2002, the company's press service reported. This figure includes some 4.4bn rubles ($140.5m) in capital investments. The company invested 3.8bn rubles ($121.4m) in oil production and 164.3m rubles ($5.2m) in oil refining.
Investments in the company's strategic projects exceeded 2.12bn rubles ($67.7m) in the first three months of 2003, which was 223.5 percent of the corresponding period of last year. More than 41 percent of the investments were the holding's own resources.
The counter-offensive of the Armed Forces of Ukraine is subsiding, and many try to make forecasts about the outcome of military operations in Ukraine