DISINVESTMENT $250 BLN
Rosneft Chairman of the Management Board made a report at "FT Commodities - The retreat" Conference in Singapore. In his speech, Igor Sechin said that the Asia-Pacific markets in 2015, including China, have a much greater margin of safety than in 1997- 1998. This is due to increase of importance of the Asian market in the world so the countries of other regions have to adapt to support their Asian trading partners.
"Before the end of the decade, we expect growth in oil demand in China by an average of 2% per year. On the backdrop of a slowdown in demand in China, the growth of the world's demand for liquid hydrocarbons in the first half of 2015 increased and continues to grow.…
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