“Rosneft” in the framework of the energy bridge “Europe-Russia-Asia-Pacific” has to offer projects to $100 billion

VERONA, October 23. Rosneft may offer to European companies for projects of 100 billion dollars in the framework of the energy bridge “Europe – Russia – Asia-Pacific region (APR)”. This was stated by the President of the company Igor Sechin to report on the Eurasian economic forum. The report is published on the website of “Rosneft”.

According to Sechin, in 2014, oil supplies from Russia to Europe amounted to about 127 million tons, 41 million tons of them were supplied under long-term contracts with Rosneft.

“I am confident that our partnership in the energy sphere should not be restricted to only intra-European deliveries,” said he.

Sechin stressed that “the development of cooperation in the whole Eurasian space is extremely urgent”, and “the role of Eurasia is crucial”. “There is a need to serve the transformation of the structure of supply and demand, which shifts the geography of energy supply in the world in favor of Eurasia, and within Eurasia in the direction of Asia-Pacific countries”, – said the President of “Rosneft”.

According to Sechin, this opens up opportunities for European businesses in the course of working with Russian partners.

“This delivery of equipment and participation in joint mining and logistics projects, portfolio investment and Bank financing. According to our estimates, Rosneft may offer to European partners of the project worth about 100 billion dollars in the development of relations along the energy bridge “Russia – Europe” and “Russia – the Asia-Pacific countries”, – he concluded.