CEO: Russia's Rosneft to Maintain Hydrocarbon Output in 2015-2017



Reuters

ST PETERSBURG, Russia, June 17 (Reuters) – Russia's Rosneft plans to keep its hydrocarbon production stable in 2015-2017, Chief Executive Officer Igor Sechin said on Wednesday, potentially increasing output by 2 percent if market conditions are favourable.

Speaking at the company's annual general meeting in St Petersburg, he added that Rosneft planned to invest 300-350 billion roubles ($5.6-$6.5 billion) into new large upstream projects over the same period. ($1 = 54.0550 roubles)

(Reporting by Vladimir Soldatkin and Denis Pinchuk, writing by Katya Golubkova, editing by Elizabeth Piper)



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES