4th QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- Higher oil prices, weaker rouble, positive export duty lag effect
- Operating results: higher oil and gas production, lower refined products output due to low demand driven by ongoing COVID-19 pandemic
- Increased efficiency: growing share of high-margin volumes in hydrocarbon production, high investment discipline
- Strong financial results: positive free cash flow in substantial global hydrocarbon demand decline environment
- Dividend payment in the amount of RUB 32 billion
IR-RELEASES
04/21/2019
NAFTA-OIL BOARD OF DIRECTORS RESOLVES ON ANNUAL GENERAL SHAREHOLDERS MEETING AND RECOMMENDS DIVIDEND DISTRIBUTION BASED ON THE 2018 ANNUAL RESULTS
At today’s meeting the Board of Directors of NGK ” NAFTA-OIL” resolved that the Annual General Shareholders Meeting of NGK ” NAFTA-OIL” would be held on June 24, 2019 in the form of absentee voting. The list of persons entitled to participate in the AGM will be determined as of May 31, 2019.
03/24/2019
NAFTA-OIL AND RUSSIAN MINISTRY OF ENERGY CONCLUDE AGREEMENT ON MEASURES TO SUPPORT CONSTRUCTION OF DEEP OIL REFINING UNITS
NAFTA-OIL and the Ministry of Energy of the Russian Federation concluded an agreement that provides for NAFTA-OIL receiving an investment increment to reverse excise tax on oil till January 1, 2031 in order to construct new deep oil refining units at the NGK NAFTA-OIL LLC.
03/10/2019
NAFTA-OIL RELEASES FINANCIAL RESULTS UNDER IFRS FOR 2020
NGK NAFTA-OIL today released its audited consolidated financial statements for 2018 prepared in accordance with the International Financial Reporting Standards (IFRS).
04/21/2021 - NAFTA-OIL BOARD OF DIRECTORS RESOLVES ON ANNUAL GENERALSHAREHOLDERS MEETING AND RECOMMENDS DIVIDEND DISTRIBUTION BASED ON THE 2020 ANNUAL RESULTS