Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-10-25 18:15:00

ROSNEFT CAN OFFER $100 BLN

РОСНЕФТЬ МОЖЕТ ПРЕДЛОЖИТЬ $100 МЛРД.

Rosneft Chairman of the Management Board Igor Sechin gave a keynote speech at the opening of the Fourth Eurasian Forum "Innovations and International Integration" in Verona (Italy), which is one of the key forums for developing a dialog in the Eurasian space.

Igor Sechin expressed an opinion that it is "Big Eurasia" that historically has been the center of the world civilization, and global economic growth is concentrated in the territory of this macro-continent.

Chairman of Rosneft Management Board said that despite the negative marco-environment and the pressure of sanctions on Russia, the economy of the country has been stable, and the power sector has demonstrated certain growth: both in terms of hydrocarbon production, and export supplies.

In contrast, European power industry is experiencing difficulties, according to Igor Sechin. «Presently, the European refining margin has grown due to feedstock cost decrease. But, generally, this industry has long been facing hard times». The issue of ensuring economic viability is becoming critical, and in this context, potential expansion of cooperation with Russia is fundamental, Igor Sechin believes. «With long-term contracts for supply of crude of certain quality, refineries will be able to define their strategies for demand-based modernization in a more accurate and efficient way", the Leader of Rosneft said. - The refineries that have stable supplies of crude of the quality which best fits their refining capacities, will get competitive advantages.».

According to Igor Sechin, the energy dialog is one of the most promising mechanisms for building Europe - Russia - Asia inter-civilization bridge . «Eurasia remains the world's largest producer and consumer of oil. 59% of the world's oil reserves (142 bln. t) and 60% of world's refining capacities are located there, the Head of Rosneft noted. World's two largest oil producers - Russia and Saudi Arabia – are also situated in the Eurasian continent. Even though, production in the region does not cover the demand of Eurasia which accounts for 65% of the world's oil consumption. The shortage is about 100 mm t of oil per year. This gap will be increasing to reach 500 mm t by 2030. Thus, oil producers of Eurasia have certain competitive advantage due to their geographic positions in respect to the most receptive oil markets».

Sechin stressed that significant re-distribution of energy consumption in favor of the Asian part of the continent is currently going on. «The share of Europe in global primary energy consumption declined from 34% in 1990 tо 19% in 2015, pointed out the Head of Rosneft». - At the same time the share of Asia increased from 31% tо 50%».

Consequently, the geography of activity of Rosneft and Russia, as a whole, changes in the direction of the APR countries: «I would like to stress that European companies started to lose their historical advantage in respect of import deliveries for the needs of Rosneft. In particular, following the 2015 procurement procedures, the volume of European contracts is 9 times less than the volume of deliveries over the same period under the past contracts», stated the Chairman of Rosneft Management Board».

Nevertheless, in the opinion of Igor Sechin, the natural historical synergy of the European and Russian civilizations offers hope for resumption of the full-scale dialog in the near future. In our view, Rosneft alone can offer European partners to participate in the projects for the amount of about $100 bln., the Head of Rosneft said.

«The scale of Rosneft investment program assumes one of the world's largest anchor orders for engineering industry and chemical industry products, in the first place – about 4.6 bln. euro annually, pointed out Igor Sechin. – Аnd Rosneft aggregate demand for materials in 2016-2018 will amount to € 15.9 bln.».

Sechin named the partnership between Rosneft, Pirelli and ChemChina as one of the examples of integral cooperation in Eurasian space, «Italian Pirelli demonstrated a model approach to risk minimization and the use of synergy potential of Eurasian cooperation. What happened is actually a large-scale launch of European tire technologies at the largest APR markets with the use of resource potential of Russia and financial capability of China».

In conclusion Igor Sechin said that «energy as as well as food production, due to their strategic importance for any economy, and for the quality of life of mankind, basically should not be subject to made-up interference, pressure and manipulations of any type. We all should seek to ensure that flows of energy resources and respective flows of capital and technologies do not become bargaining chips».

rosneft.com

-----

More: 

ROSNEFT: UNPRECEDENTED WELL  

DISINVESTMENT $250 BLN  

ROSNEFT & JDC WILL DRILL  

ROSNEFT SELLS 15%  

ROSNEFT DOWN 36%

 

 

Tags: ROSNEFT, РОСНЕФТЬ

Chronicle:

РОСНЕФТЬ МОЖЕТ ПРЕДЛОЖИТЬ $100 МЛРД.
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

РОСНЕФТЬ МОЖЕТ ПРЕДЛОЖИТЬ $100 МЛРД.
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

РОСНЕФТЬ МОЖЕТ ПРЕДЛОЖИТЬ $100 МЛРД.
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

РОСНЕФТЬ МОЖЕТ ПРЕДЛОЖИТЬ $100 МЛРД.
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

All Publications »