Bashneft presents development strategy through until 2020
Edited by Rhod Mackenzie / 2015-10-12 04:42:33
Oil and Gas Refining Russia Petrochemicals PolymerUpdate Processing Russia Oil and Gas Bashneft Production and Refining
Bashneft has presented the updated development strategy through until 2020. This is reported by the company on October 12, 2015.
The main objectives are the modernization of production, development of the resource base and increase in the number of own filling stations.
The strategic objectives are to maintain its leading position in operating efficiency by controlling operating expenses and capex.
The following activities will be continued:
- The program to optimize costs at extraction by increasing drilling efficiency and the use of advanced technologies to increase oil recovery;
