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Rosneft plans to increase production

Posted by Editor on Sunday, 15 August 2010 15:42 | Published in Oil & Gas

The Russian oil company Rosneft plans to increase its oil production to 133 million tones a year by 2015, up from 119 million tones now, the company's Vice President Mikhail Stavsky said Saturday, according to Voice of Russia

.He also said that the company plans to build up its oil exports to Europe and South Eastern Asia.

He added that oil supplies Japan and China are among the most promising projects and with this purpose the company is building special pipeline branches, he said.

Rosneft is developing tens of oil deposits in Siberia

Rosneft plans to increase production ROSNEFT