Inside Mosul offensive against Islamic StateWorld October 28, 16:41
Russian Armed Forces upgrade prioritized in 2017-2019 budgetBusiness & Economy October 28, 16:34
Kremlin comments on reports of Putin's harsh reaction to Russian jet approaching US shipRussian Politics & Diplomacy October 28, 16:22
Putin says Russian agricultural sector shows great performance in 2016Business & Economy October 28, 16:06
Russia voices concern over Japan’s part in US missile shield deploymentRussian Politics & Diplomacy October 28, 15:59
Russia stakes on intelligent weapons — deputy PMMilitary & Defense October 28, 15:15
Kremlin unaware of alleged arrest of Russians in SerbiaRussian Politics & Diplomacy October 28, 15:00
Russia’s Central Bank keeps key rate at 10%Business & Economy October 28, 14:02
Russian expert says information war against Moscow not helping to solve Syrian conflictRussian Politics & Diplomacy October 28, 14:01
CARACAS, July 29. /TASS/. Rosneft and Venezuela's PDVSA are considering construction of power generation facilities in Venezuela, Rosneft said on Friday.
"Rosneft and PDVSA with the involvement of Inter RAO - Export discussed possible cooperation options in development of Venezuela's electricity. The companies discuss possibility of constructing power generating facilities running on petroleum coke, gas, coal, and hydro potential. This will replace the existing power plants running on diesel fuel and direct the released volume of oil products to the market," the statement said.
Rosneft and PDVSA are going to develop feasibility study for development of Venezuelan shelf, research is scheduled to be completed by mid-2017. The corresponding document was signed in the framework of Rosneft CEO Igor Sechin working visit to Venezuela, the company said on Friday.
The results of the study will be send to the relevant Venezuelan Ministry of People's Power for Petroleum and Mining to determine potential tax benefits and conditions of commercialization of the project resources, according to a press release.
At the end of the signing ceremony Sechin said that the development of cooperation in the gas sector is an important new element of the partnership between Rosneft and PDVSA. "A significant resource potential of shelf fields and a favorable geographical position allows companies to effectively monetize hydrocarbons through LNG deliveries to premium Asia-Pacific markets, among others. These markets are currently considered as priority areas for marketing products," he said.