The profit of Udmurtneft, a JV of Rosneft and Sinopec, under IAS fell by 12% on the results of 2016 against 2015 to 22.34 bln roubles.
In 2016, the net profit of Udmurtneft, which is joint venture of Rosneft and Chinese Sinopec, under RAS declined by 17.6% compared to the previous year and amounted to 19.687 billion rubles.
SIBUR continues to evaluate proposals for the Amur gas chemical complex (GCC), and is not in a hurry to sum up, the Chairman of the Board of the Company Dmitriy Konov told Tass.
Still the company stays the largest tax payer in Udmurtia.
The net profit of Udmurtneft, a JV of Rosneft and Sinopec, under RAS in January-September 2016 fell by 11.4% against January-September 2015 to 15.24 bln roubles.
The Chinese Silk Road Fund and the Bank for the CDB, and not only the Sinopec of China, which has already bought 10% stake in SIBUR, have agreed to acquire 10% stake in Russia and Eastern Europe
Among the companies willing to participate in the privatization are also indicated Sinopec, the Kazakh "KazMunaiGaz", "Surgutneftegas".
Rosneft and Sinopec plan to start the production at the North-Veninskoye field, which was considered as a potential resource base for the Far East LNG project, in mid-2022, general director of RN-S
VNIPIneft for 13.5 million roubles to conduct the examination and the cost of construction of the Eastern Petrochemical Company complex.Edited by Rhod Mackenzie / 2016-09-26 02:04:30
VNIPIneft commissioned by Rosneft will hold examination and the cost of construction of the complex Eastern Petrochemical Company (VNHK) for 13.5 million roubles, according to the documents publish
Co-owner of Sibur Leonid Michelson expects that China's Sinopec will increase its stake in the company to 20% in the near future, he told reporters.