KNS Deputy Party Secretary Kollowrath, KNS Delegation Leader Kuryagina and KNS Shadow Minister Tseretelli
KNS LEADERS AT NEFKOMP HQ GRAND OPENING
Vladimirsk:The Trygunya Nefyanaya Kompaniya (Nefkomp) opened its new headquarters in Vladimirsk, Federated Socialist Republic of Lesnov. Krasnyy Narodnyy Soyuz (KNS) Deputy Party Secretary Karl Kollowrath, KNS CCPA Delegation Leader E.V. Kutryagina and KNS Shadow Finance Minister D.K. Tseretelli attended the opening ceremony where Nefkomp CEO Lazar Moseievich Bogdanovich told attendees that Nefkomp was on target to continue to be the largest supplier of natural gas to the nation through its expanding pipeline system and was increasing its role as supplier of crude oil and petroleum products domestically and in the crude oil market.
Bogdanovich noted that although NefKomp was traded on the stock market as NFTK, in fact 75% of the ownership remained in the nation itself and indeed the Board Chairman was selected by the government while the Board was selected by the workers. The government and the workers acting through the Board Chair and the Board jointly selected the CEO who then ran the operations through management appointees she or he made; thus Bogdanovich felt for all practical purposes that Nefkomp was nationalized already.
CEO Bogdanovich did wonder if the government would authorize increasing production of crude oil now that three of the other oil producers with the largest reserves had also cut production and avoided an oil glut.
KNS Shadow Minister Tseretelli did respond to these remarks to reporters as follows;
With respect to whether Nefkomp is organized so as to avoid consideration for nationalization, I agree it is where the Metzist vision would want it and believe the ruling party would agree. As to increasing crude oil production, KNS believes this will be addressed shortly after the next election.
New Nefkomp HQ in Vladimirsk