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Igor Sechin Takes Part in Presidential Meeting for Social and Economic Development of Primorye Territory

Rosneft President and Chairman of the Management Board Igor Sechin took part in the meeting chaired by the Russian President Vladimir Putin for social and economic development of Primorye Territory as part of his working trip to the Far Eastern Federal District. Participants of the meeting discussed regional growth rates …

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Vladimir Putin Signs Law to Reduce Mineral Extraction Tax for Unconventional Oil Production

Russian President Vladimir Putin on Tuesday signed a law to ease the tax burden on operators developing Russia’s unconventional oil resources. The law will differentiate the tax rates for hydrocarbon production based on the permeability of the rock, depletion of the reservoir and the size of the oil bearing layer. …

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Rosneft to Invest 52 billion rubles into Far East Development

Rosneft President and Chairman of the Management Board Igor Sechin reported to Russian President Vladimir Putin on the company operations in the Far East Federal District and mid-term plans to develop offshore projects via a video conference on 16 July. The video link connected Yuzhno-Sakhalinsk, where President Putin was at …

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Rosneft and Eni Sign Completion Deed on Three Offshore Projects in Russia

Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea). – Completed formation of organizational structures for cooperation …

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Rosneft To Take Over Russian Gas Firm Itera for $3bln

Russia’s state-controlled oil company Rosneft is planning to take over local gas firm Itera for $3 billion, two sources close to Rosneft said on Tuesday, strengthening its hand in challenging Gazprom’s industry dominance. Rosneft already owns a 51 percent stake in Itera, which was the top gas supplier to the …

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Russian President Vladimir Putin entrusts Gazprom with getting back to Yamal – Europe-2 and gas branch to Kaliningrad Region projects

Alexey Miller Chairman of the Gazprom Management Committee updated Russian President Vladimir Putin on the progress with the Nord Stream and South Stream gas transmission projects. The President tasked Gazprom CEO to get back to developing the Yamal ? Europe-2 and gas branch to the Kaliningrad Region projects. Vladimir Putin …

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Igor Sechin Reports to Vladimir Putin on Rosneft Performance in 2012

Rosneft CEO Igor Sechin reported today to the President of the Russian Federation Vladimir Putin on Rosneft performance in 2012. In his report Igor Sechin noted that the Company tax payments to the budget amounted to 1.7 trillion RUR or 12% of all budget tax revenue. “Rosneft is actually the …

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South Stream gas pipeline construction starts up

The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted today the celebrations dedicated to the construction start-up of the South Stream gas pipeline. South Stream is a comprehensive infrastructure project that gives a powerful impetus to development of the economies in the participating countries Enlarge photo (JPG, 47 KB) …

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Alexey Miller Reports to Vladimir Putin on Ahead-of-Schedule Completion of Nord Stream’s Second String Laying

Today Gazprom Management Committee Chairman Alexey Miller reported to Russian Prime Minister Vladimir Putin on the completion of the Nord Stream gas pipeline’s second string laying. “We have initiated startup and adjustment operations. In September the second string will be filled with buffer gas and in October we will launch commercial gas supplies,” said Alexey Miller. Speaking about the reduction of transit risks, he noted …

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Polarcus Selma officially named by Russian Prime Minister Vladimir Putin

Polarcus Limited is pleased to announce that the Prime Minister of the Russian Federation, Vladimir Putin, has assumed the role of Guardian to the seismic vessel Vyacheslav Tikhonov, formerly POLARCUS SELMA, during a naming ceremony held today in the Russian Black Sea city of Sochi. The ultra-modern seismic vessel Vyacheslav …

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