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Sechin does not rule out Rosneft may acquire new assets 2014

December 21, 2013, 3:32 UTC+3 21

"We shall consider all possible options that may come our way”, said Sechin

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© ITAR-TASS/Vladimir Smirnov

MOSCOW, December 21 (Itar-Tass) - The head of Russia’s oil major Rosneft, Igor Sechin, has not ruled out that his company might acquire more oil and gas assets next year.

“The company is showing organic growth. However, we shall consider all possible options that may come our way,” Sechin said, when asked about the acquisition of new assets.

Sechin said that at the moment the company’s available reserves were big enough to last 17 years, and of gas, 31 years.

 He also saud Rosneft will increase its 2013 dividend payments by 50% to 120 billion roubles (roughly 4 billion dollars), its CEO. The yield on securities will be 5%, he added.

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