The updated strategy of Bashneft to be approved at the board of directors by the end of September.

The Board of Directors of Bashneft, one of the ten largest Russian oil companies, will adopt an updated strategy for the company until 2020 at a meeting in late September, the chairman of the board of directors of the oil company, the First Deputy Minister of Energy Aleksey Teksler informs.

"This year we - the new composition of the board - set the task to update the company's development strategy, set the task to create a long-term development program. In fact we already identified the main goals and objectives of the company, both in the near term and in the coming", - he stated.

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