Rosneft’s Board to discuss the actualization of long-term development program on December 18th

The Board of Directors of Rosneft at the meeting on December 18th will consider the results of operation in 2015 and the plan for 2016-2017, as well as will approve the actualization of the long-term development program.

The Board of Directors plans to approve the energy saving program of Rosneft for 2016-2020.

Rosneft forecasts that the volume of capital investment in 2015 will grow by 21.9% to 650 bln roubles against 2014. The expected growth of capital investment in 2015 against 2014 is connected with the growth of volumes of operational drilling aiming for the keeping of extraction at the mature deposits due to the increase of the level of the drilling service and growing of the rates of development of new deposits.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
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