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Russian Prime Minister Dmitry Medvedev has promised to support the company “Rosneft” to maintain the level of production. So he replied, “Vedomosti” newspaper in an interview on the possibility of the “fantastic application of” Rosneft “to finance debt at 1.5 trillion».
«This figure only looks impressive, but it is not one year. I recently held a meeting on investment in “Rosneft”: the company needs to maintain the level of production, because “Rosneft” major contributors to the budget. We must in this sense, they help maintain the level of investment. Specific parameters and methods of support, we are now considering, “- he said.
The journalists asked him a further question whether it pays off state support of the activities of” Rosneft “. “If we talk about the results of the company in the medium and long term, I have no doubt. Such investments pay off, of course, “- said Medvedev.
The Prime Minister said that the government is not going to” greatly increase “the number of projects, which will provide funding of SWFs. According to Medvedev, they chose a number of projects that can get the money. Among them, he called BAM, and Transsiberian railway to the coal deposit in Tyva. “We need to relate to the spending of the money conservatively,” – said Dmitry Medvedev in an interview.
For the first time the possibility of allocating $ 1.5 trillion of “Rosneft” in mid-August 2014 said “Vedomosti” newspaper, citing sources of the oil industry and federal officials. According to the newspaper, the president of the company, Igor Sechin suggested that the State buy out by the National Welfare Fund new bonds of the oil company. Later, Deputy Prime Minister Arkady Dvorkovich said that the Russian government within two weeks to decide on this issue.
Soon “Rosneft” asked for further calculations on the proposals, and agencies – to work offers. About RBC representative Dvorkovich told Alia Samigullina. Among the proposals, according to sources, RBC, and was requested to allocate $ 1.5 trillion. The company itself asked to justify the idea of liquidity to support the company, according to sources in the government of RBC.
In late August, the Minister of Economic Development of Russia Alexei Ulyukayev rule selection of “Rosneft” 1.5 trillion. “In principle, there are options for support, but, of course, the figure is an order of magnitude less,” – said the minister, stressing that “Rosneft” really experiencing difficulties after due to sanctions imposed by the West, it lost the ability to borrow abroad. By the end of August for a response from the government company has not received. “The work goes on. Let’s wait for the results, “- said the head of the August 28 journalists of” Rosneft “Igor Sechin at the Moscow International Motor Show (MIAS 2014).
Gregory Naberezhnye
08 September 2014
RBC
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