MOSCOW, October 6 (RIA Novosti)
Rosneft will invest an additional $18 billion in the modernization of its oil refineries by 2016, company president Igor Sechin said on Saturday.
Total investment in the refinery modernization program is $25 billion with $7 billion provided so far this year.
Rosneft’s investment program in 2012 will be worth $15.4 billion compared to $13.2 billion last year.
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The main event of the third day of the 11th meeting of the Valdai International Discussion Club in Sochi was the closing session with President Vladimir Putin. The atmosphere was calm and open, despite the current political tensions and the Russia-West confrontation. The Russian president said that it corresponded to the spirit of the Valdai Club.