TNK-BP Increases US GAAP net profit to $6.629 bln in 2006
BVI-registered TNK-BP International Limited has reported the increase of US GAAP net profit on 40%, from $4.744 billion in 2005 to $6.629 billion in 2006.
Revenue, excluding export duties and excise taxes, grew 11.3% to $24.66 billion in 2006. Total amount of overall operational expenditures in 2006 was $18.176 billion, up 14.5% from $15.869 billion in 2005.
BVI-registered TNK-BP is part of TNK-BP Group, one of the largest oil and gas industry companies of global scale. TNK-BP is the owner of TNK Industrial Holdings Ltd, which is owned by TNK International Ltd. TNK Internastional includes TNK-BP Holding plus 49.5% of Slavneft, and owns 63% of RUSIA Petroleum and 75% of the sales company Petrol Complex Equipment Company.