Latest (3 of 3)29 May 2018 17:36
"Given the current situation on the oil market, we can expect an improvement in financial results for 2018. Almost all the oil produced is sold for export: according to the data of the Federal State Unitary Enterprise "CDU TEK", in the first quarter of 2018, INGA produced 40,809 tons of oil and gas condensate (of which 13,144 tons in March) and delivered through the port of Primorsk in the direction far abroad 31 500 tons (including in March - 13 000 tons). The average price of Urals oil in January-March 2018 was $ 65.22 per barrel, now it has already passed for $ 75. Taking into account the weakening of the ruble exchange rate in April of this year, INGA should increase revenue and profit, "said analyst of JSC FINAM Alexei Kalachev .
The possibility to service the obligations is also hoped for in the former partner companies of the asset Ruspetro. However, as comments on the market, "INGA" is only at the beginning of the path of litigation and, therefore, has already entered the zone of obvious financial risks - "Baker Hughes" or the new management of FC Otkrytie "the opportunity to reclaim debts in full mass will not miss."
" Pravda UrFO " will continue to monitor developments around Ruspetro.
Author: Andrey Shcherbov 15.05.2018
Translated from...
http://pravdaurfo.ru/comment/92808