- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Rosneft in talks with China on East Siberian joint deposits

© RIA Novosti . Mikhail Fomichev  / Go to the mediabankRosneft in talks with China on East Siberian joint deposits
Rosneft in talks with China on East Siberian joint deposits - Sputnik International
Subscribe
International
India
Russia's oil giant Rosneft is in talks with China on joint development of deposits in East Siberia, Rosneft First Vice President Pavel Fedorov said on Monday.

Russia's oil giant Rosneft is in talks with China on joint development of deposits in East Siberia, Rosneft First Vice President Pavel Fedorov said on Monday.

"We are considering the purchase of joint assets and the sellers have already offered us nine licenses," he said.

Rosneft and China's oil and gas corporation CNPC have also started a joint refinery project with a 13 million tons per year capacity in Tianjin near Beijing. Rosneft will get a 49 percent stake in the project.

Russia, which started oil supplies to China from 2011 through the East Siberia-Pacific Ocean pipeline, plans to deliver 70 percent of oil for the refinery from its East Siberian deposits.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала