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. Last Updated: 07/27/2016

Kondpetroleum Loss

MOSCOW () -- AO Kondpetroleum, a subsidiary of NK Sidanko oil group, posted a 296.1 billion ruble loss in 1995, compared with a 247.6 billion rouble loss in 1994, the company said.

Oil production last year shrank to 5.12 million tons from 6.56 million tons in 1994, a company spokesman said Tuesday. Kondpetroleum said in a statement it did not intend to pay a 1995 dividend.