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Rosneft: Ambitious Plans
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Published: April 26, 2013; 11:05 ♦ (Vindobona)

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Russion oil producer intends to increase its shareholder value by 60 % in the next two years.

Russian oil producer Rosneft has announced ambitious targets. Within two years the market value of the biggest oil producing company worldwide is supposed to increase by 60 % to around $ 120bn (€ 92bn) by improving production and exploratio, and carrying out modernization measures at refineries. From 2018 on Rosneft intends to ship liquid gas (LNG) via a terminal in the Far East. The…
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