Rosneft Capex up 20%

Rosneft Capex: Rosneft is planning to increase its capital investment program by 20% to RUB730bn as some more of its Eastern Siberian and Far Eastern projects go live, the company’s CEO Igor Sechin said on Friday. The largest investment will be in the development of the Vankorsky fields in Eastern Siberia, while in the Far East, Rosneft is constructing a large refinery in Primorsk, and is also developing several deposits as part of the Sakhalin-1 project. RIA Novosti