OREANDA-NEWS. Tyumenneftegaz (TNG, incorporated in TNK-BP) is going to increase the volume of its capital investments into development and arrangement of fields in the south of the Tyumen Region by 33% compared to 2006. Without the cost of seismic exploration works, the volume of capital investments will exceed 2.5 billion rubles.

The increase in the volume of capital investments is associated with the expansion of production activities of Tyumenneftegaz in the license areas situated in the south of the Tyumen Region.

More than 600 million rubles will be invested into exploratory drilling, which is 1.5 times more than the target of the company for 2006.

Investments into geological exploration works in 2007 will grow 2.7 times compared to 2006 and exceed 819 million rubles.

The company is going to continue infrastructure construction works for development of oil production in the Uvat Region.