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Eastern Economic Forum

Rosneft and Hyundai Heavy to manufacture large tankers

Rosneft andHyundai Heavy will create a joint venture for manufacturing large tankers, according to Rosneft CEO

VLADIVOSTOK, September 3. /TASS/. Rosneft and South Korea's Hyundai Heavy are going to create a joint venture for production of large tankers with Russia having a controlling stake, Rosneft CEO Igor Sechin told journalists.

"Together with Hyundai Heavy we are creating a joint venture to design and manufacture large-capacity Aframax tanker that will work on natural gas," Sechin said after the ceremony of signing the agreement.

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