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Rosneft to Invest $18 bln in Modernization

Rosneft to Invest $18 bln in Modernization
14:02 06/10/2012
MOSCOW, October 6 (RIA Novosti)
Tags: Rosneft

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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RIA NovostiRosneft to Invest $18 bln in Modernization         Rosneft to Invest $18 bln in Modernization

14:02 06/10/2012 Rosneft will invest an additional $18 billion in the modernization of its oil refineries by 2016, company president Igor Sechin said on Saturday.>>

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