Rosneft Oil Company has set aside $7bn to invest in the reconstruction of its refineries, the company press release said.
About $1bn will be invested in each refinery owned by the Company and to build new Tuapsinsky Refinery.
Rosneft is the largest Russian oil company in Russia. It has 21.699bn barrels of crude oil in reserves. The company’s output amounted to110.1m tons; refining reached 49.3m tons.
Rosneft’s stock capital is worth RUB105.981m, split in 10598177810 common stocks of 0.01 rub p/s. The largest stockholder is Rosneftegaz (75.16%).
In 2009 Rosneft’s net income (IAS) dropped 35.9% to $6.514bn (vs $10.164bn in 2008), revenues - to $46.826bn ($68.991bn rub. a year earlier).
About $1bn will be invested in each refinery owned by the Company and to build new Tuapsinsky Refinery.
Rosneft is the largest Russian oil company in Russia. It has 21.699bn barrels of crude oil in reserves. The company’s output amounted to110.1m tons; refining reached 49.3m tons.
Rosneft’s stock capital is worth RUB105.981m, split in 10598177810 common stocks of 0.01 rub p/s. The largest stockholder is Rosneftegaz (75.16%).
In 2009 Rosneft’s net income (IAS) dropped 35.9% to $6.514bn (vs $10.164bn in 2008), revenues - to $46.826bn ($68.991bn rub. a year earlier).