Sechin: the creation of oilfield services company on basis of Rosgeologia not to solve the problem of lack of services

The creation of an oilfield services company on basis of Rosgeologia won’t solve the problem of shortage of oil services. This opinion was expressed by president of Rosneft, Igor Sechin.

"I'm not sure that the consolidation of assets on the basis of Rosgeologia will resolve the issue. Moreover, there is no source of funding," - Sechin said, noted that the investment is estimated at 40 billion rubles.

"And if we will be obliged to place orders, it is generally far from the market. We will create a new monopoly," - said the head of the company.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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