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Russia’s Rosneft aims for $500bn worth of energy deals with China

Russia’s Rosneft aims for $500bn worth of energy deals with China

Publicerat av Tony Harkén fredag, 30 november 2018.

Russian energy major Rosneft has a “leading role” to play in ensuring China’s energy security, according to the company’s Chief Executive Igor Sechin.

Speaking at the first Russian-Chinese Energy Forum in Beijing, he said the total volume of Rosneft’s crude shipments to China is expected to exceed 50 million tons this year. “Rosneft is one of the leaders in terms of petrochemical supplies to China,” he said.

According to Sechin, the company supplied about 40 million tons of oil last year, “thereby providing about 6.5 percent of China’s total raw materials demand.”

More information at RT

Publicerat av

Tony Harkén

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