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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Military exercises are held in order to prevent a war rather than prepare for one. If a potential enemy knows and sees that the Russian Army is constantly improving its skills and adopting state-of-the-art combat equipment and combat support systems he will hardly risk aggression against these Armed Forces and the country they defend.