Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Russia’s Rosneft says no change in investment plans despite sanctions

July 25, 2014, 18:31 UTC+3 MOSCOW
State-run Rosneft, which accounts for 40% of Russian oil production, was hit by sanctions from the United States over Ukraine
1 pages in this article
© EPA/Stringer

MOSCOW, July 25. /ITAR-TASS/. Russia’s biggest oil producer Rosneft has no plans to change its investment plans despite West-imposed sanctions, a company official said on Friday.

State-run Rosneft, which accounts for 40% of Russian oil production, was hit by sanctions from the United States over Ukraine, limiting the company's access to Western money.

Svyatoslav Slavinsky, chief financial officer, said that after the new sanctions were announced, the company had not changed its plans regarding cooperation with foreign partners on existing projects.

“There have been no changes in cooperation with foreign partners,” Slavinsky told a conference call for investors.

“Everything is being financed as scheduled,” he said, adding that no major changes were expected.

Show more
In other media
Реклама
Реклама