Rosneft Board of Directors has postponed the approval of the company's development strategy for 2008-2020 until the first quarter of 2008, Peter O'Brien, Vice President of the Russian oil company, told reporters today according to RBC.
As reported earlier, Rosneft's management was planning to present its development strategy program in the fall of 2007. According to the new plans, Rosneft is expected to develop those companies that were purchased during the bankruptcy procedure of the Russian oil company YUKOS.