Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rosneft Signed an Agreement With the Regional Iraqi Government of Kurdistan
27.02.2017 00:10
Rosneft Signed an Agreement With the Regional Iraqi Government of Kurdistan
(Source: http://www.proufu.ru/news/economika)

“Rosneft” and the Regional Iraqi Government of Kurdistan have signed an agreement on cooperation in the fields of exploration, production, infrastructure, logistics and trading of hydrocarbons.

      The document provides for the purchase of oil by the holding in the period from 2017 to 2019 by the means of advance payments. It is noted that the purchaser of raw materials will be the trading unit of “Rosneft” - Rosneft Trading SA. The delivery volumes of hydrocarbons are not specified.

      Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Company’s main activities include prospecting and exploration of hydrocarbon deposits, oil, gas and gas-condensate production, upstream offshore projects, processing, as well as oil, gas, and product marketing in Russia and abroad. The Company is included in the list of strategic companies and organizations of Russia. Company’s largest shareholder is JSC ROSNEFTEGAZ, fully owned by the Russian Government, while BP holds 19.75% of shares, QHG Shares Pte. Ltd. holds 19.5% of shares, one share belongs to the state represented by Federal Agency for State Property Management, whereas the remaining shares are free floating. Rosneft key objectives are the reserve replacement ratio at a minimum level of 100%, effective production at brownfields, and production increase through the development of greenfields, creation of new production clusters on the shelf, development of technologies, and implementation of high-level project management practicies, monetization of gas reserves and competitive production growth, optimal configuration of the refineries and maximization of profits in distribution.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Previous


You might also find interesting:

Swiss Government Doesn't Suspect Artem Chaika
17.04.2016
Russian-Japanese Visa Regime Will Be Simplified
14.01.2017
Mongolia Is Interested In Exporting Meat to Russia
23.09.2016
Foreign Military Attachés Are Invited To Caucasus-2016
30.08.2016
Rosselkhoznadzor Imposes Restrictions On Goods From Uganda
08.07.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
protests  hotels  Russian social networks  Moscow  Lyudmila Kasatkina  Russian opposition activists  Monuments to People  Mobile Number Portability   Afghanistan  Installations  Russian business  Russian physics  Russian history  Russian academy of sciences  Archeology  Russian companies  Censorship  Moscow State University  New Museums  Luciano Ventrone  Mercedes-Benz Fashion Week Russia  Albert Charkin  Votkinsk  Russian Literature  Russian Cinema  Tambov Region  Russian tourism  Small Business  high technologies  Zadonsk  Syria  Exhibitions in Moscow  criminality  Transfiguration Festival  corruption in Russia  Rock Paintings  Mistral  chemistry in Russia  Kemerovo Region  Russian Souvenirs  Reserve Fund  Sheremetyevo  solar cells  Russian IT sector  Painting  Skype in Russia  FC Mordovia  Soviet Regime  South Stream  animation 


Travel Blogs
Top Traveling Sites