OREANDA-NEWS. On 08 July 2009 Veles Capital announced daily review - July 8:

TNK-BP is ready to build up the investments to extraction. Board of directors of TNK-BP July 24 will consider the matter on additional investments in the amount of 100 mn USD, announced Interfax agency referring to the executive director of the company Viktor Vekselberg.

GAZ gains state warranties for 20 bn RUR. Yesterday the anti-crisis committee, chaired by the first vice prime minister Igor Shuvalov, approved providing state warranties to GAZ for the amount of 20 bn RUR. The deputy minister of economy development Oleg Saveliev has been ordered to prepare the decision project on providing state warranty to GAZ within two days.

NOVATEK reduces extraction. Gas extraction by the largest independent producer of gas – NOVATEK, JSC – reduced again lower than the level of 84 mn cubic meters, announced Interfax. According to data buy CDD FEC, as of July 5 extraction of NOVATEK totaled 76.1 mn cubic meters, which is by 9.5% lower than the level that the company had June 18.