Russian regional oil producer Bashneft has promised to be a star perfomer among the country’s domestic players through a steady increase in production and by keeping a tight control on costs, despite being re-nationalised at the end of last year.

Speaking this week in Moscow during a presentation of its long-term development strategy, Bashneft president Aleksandr Korsik said the company is keeping its old goals while incorporating adjustments to reflect changes to the operating environment.

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