All news

Sechin: Rosneft’s investments to reach RUB 9½ trln by 2022

In his words, 80 % of the funds will go to develop oil production

SOCHI, September 27 (Itar-Tass) - Investments of Russia’s oil giant Rosneft will reach 9.5 trillion roubles (USD 1 = RUB 32.35) by 2022, Rosneft President Igor Sechin told a plenary meeting of the Sochi international investment forum on Friday.

In his words, 80 % of the funds will go to develop oil production, including that in West Siberia.