Rosneft to maintain profitability of production for a number of reasons
Edited by Rhod Mackenzie / 2015-04-15 01:45:00
The Russian oil company Rosneft will be able to maintain the profitability of drilling and oil production at projects that are currently in operation. Because low oil prices will be offset by a decrease in financial expenses (as a result of the depreciation of the ruble), and - reducing taxes. Such information is contained in the report of Citigroup’s analyst Alistair Sim.