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J&S on oil supplies, politics and money

Astramowicz admitted that despite the fact that Jukos-controlled Petroval has cut its oil supplies to Polish refineries, his company does not want to take over the business due to political reasons which influence strategic decisions of their clients. The political storm is one of the reasons why J&S representatives for the first time in company's history want to present the consolidated financial standing of the group. Initial estimates show almost $100 million of net profits generated in 2004 on revenues of around $10 billion. (Puls Biznesu, p. 1, 3) A.K.

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