It is reported that at the Gazpromneft-MNPZ annual meeting the 2011-dividends were affirmed at RUB 134 per preferred stock only.

The other part of the net profit will be retained. Besides, the 8-member BOD was elected, BDO being affirmed as an auditor.

MNPZ is a sole large refinery in Moscow reg. It covers 40% of the Mosocw market. The output exceeds 9 million tonnes per year.

Source - AK&M

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