VTB banks notes increase in volumes of contracts with Russian oil-service companies

VTB Bank has noted an increase in the volume of oil service contracts with Russian companies. This was stated by deputy president and chairman of the company’s Board Mikhail Oseevsky at the meeting with journalists in Tyumen.

The current situation in the oil and gas industry is very complicated, volatile, says Michael Oseevsky. "However, VTB Bank continues to actively work with all large, medium and small players on this market, - he says. - We note the growth of investments, aimed at increasing production at existing fields, we have a growing volume of contracts with oil service companies".