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. Last Updated: 07/27/2016

No Komineft Payout

MOSCOW -- Russian oil company Komineft, part of the KomiTEK oil group, does not plan to pay a dividend for 1995, KomiTEK finance department manager Anatoly Ilyin said Monday.


"There's nothing to pay a dividend with, the year closed without a profit," he told Reuters.


Komineft is holding its annual shareholders meeting Tuesday.