Wednesday, January 30, 2013

Rosneft to Invest $10 Bln in Venezuela

Rosneft’s investment in the current projects in Venezuela will total $10 billion, the Russian state-owned oil company’s president, Igor Sechin, said Wednesday. Sechin said Russia’s share in production will amount to 15 million metric tons annually, the Prime business news agency reported. Russian companies currently take part in five production projects in Venezuela, including the Junin-6 and Carabobo-2 oil blocks.

http://en.ria.ru/business/20130130/179117155/Rosneft-To-Invest-10-Billion-In-Venezuela-Projects--------.html

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