Rosneft to invest $ 1.2-1.3 billion in projects with PDVSA
Edited by Rhod Mackenzie / 2015-06-18 06:17:00
In the current year, investments of Rosneft in its joint projects with Venezuela's PDVSA could reach $1.2-1.3 billion, president of PDVSA Elogio del Pino reports.
"In general, this year, the investments (of Rosneft) can make up $1.2-1.3 billion," - said the head of the Venezuelan company.
He added that Rosneft was one of the main partners of PDVSA and recalled that oil extraction at joint projects can grow up to 1 million barrels per day over the next 5 years. This will require the investments in the amount of $14 billion from Rosneft.
