The net profit of TNK-BP International Ltd. Under US GAAP dropped 30 percent to $2.03bn in the first half of 2007 compared to the same period a year earlier, the company's official documents state according to RBC. Sales revenue edged down 6.2 percent from $18.02bn to $16.9bn. Pretax profit went down 30 percent to $2.872bn in the first six months of 2007 against $4.126bn in January-June 2006. The company's assets increased by 5.3 percent and amounted to $24.85bn as of June 30, 2007.
TNK-BP forecasts that its oil output will reach 73m tonnes in 2007 (including Slavneft's production). Meanwhile, the company's output is projected to edged up 1-1.5 percent in 2008.