SIBNEFT SUBSIDIARY
September 1st, 2003
BY MARK ROWE
SIBNEFT, Russia's sixth largest oil producer, has opened a subsidiary in St. Petersburg with the aim of seizing a significant share of the city's retail-gasoline market. The move is also expected to enable Sibneft to use its refinery capacity to secure a larger stake in the local wholesale petroleum-products sector.
SIBNEFT, Russia's sixth largest oil producer, has opened a subsidiary in St. Petersburg with the aim of seizing a significant share of the city's retail-gasoline market. The move is also expected to enable Sibneft to use its refinery capacity to secure a larger stake in the local wholesale petroleum-products sector.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.