Saturday, September 27, 2014

Igor Sechin: Rosneft asks government loan and not a loan – RBC

Igor Sechin: Rosneft asks government loan and not a loan – RBC

 
 

Time airing: 17:00 September 27, 2014

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And. Sechin: Rosneft asks government loan and not a loan with commercial characteristics

Rosneft asks government loan and not a loan with commercial characteristics, is a quote from the statements of the company. Igor Sechin said that these funds will help in the implementation of new projects in Eastern Siberia and the Far East. In the list, for example, Eastern Petrochemical Company, an investment only in it is estimated at one trillion rubles. How much it will ask Rosneft, too early to say. “Is a discussion of conditions. But it certainly is more efficient in terms of accommodation, rather than
abroad,” said Mr Sechin. According to Igor Sechin company’s financial position is better than the competition – and appeal to the government not related to the debt. Net profit for the year is expected to reach 400 billion rubles.
Earlier Finance Minister Anton Siluanov said of NWF Rosneft with Novatek this year can get from 80 to 150 billion.
And here’s another important statement Igor Sechin: Partners Rosneft
forced to withdraw due to sanctions, could return. The new company is not going to look. Details of sanctions are not spelled out and it all depends on the interpretation of third parties. But so far, such as the acquisition of 30% stake in North Atlantic Drilling Limited Rosneft expects to close by year’s end.

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