Sechin discussed at the meeting with Abe participation of Japan in projects of “Rosneft”

According to the company “Rosneft”, Igor Sechin, who took part in the negotiations in expanded format between Russian President Vladimir Putin and Prime Minister Shinzo Abe, discussed the issues of cooperation with Japanese companies.

“The sides noted the prospects of cooperation in the sphere of application of the newest technologies in the field of oil and gas production and processing, the participation of Japanese companies in production projects of “Rosneft”, joint work in the creation and development of shipbuilding complex “Zvezda”, — said in a statement.

The company notes that the participation of “Rosneft” in the negotiations “due to the successful experience of cooperation with Japanese partners. About a third of all the oil that Russia exports to Japan, comes “Rosneft”, the report says.

“During the talks it was noted the importance of the development of the process of oil supplies to Japan: from spot transactions to assurance of supply under long-term contracts (on the basis of the successful experience of cooperation “Rosneft” with JX Nippon), which will allow to increase economic efficiency partnership and the energy security of Japan,” emphasizes “Rosneft”.

In addition, as the message of “Rosneft” has great experience of cooperation with Japanese banks. For 2011-2016 under the existing syndicated loans of Japanese banks have provided the Company with funds in the amount of $3.1 billion, According to Rosneft, the Russian company has put in 2015 in Japan, 4.4 million tons of oil, and Japanese company Japan Drilling Company provides drilling of two exploration wells in Vietnam for the company Rosneft Vietnam (a 100% subsidiary of JSC “NK “Rosneft”).

In addition, in 1996, the Company engaged in the project “Sakhalin-1” the pool of foreign companies, among which, SODECO, the shareholders of which are: the Government of Japan, Japex, Itochu, Marubeni, Preh.

On may 6, Japanese Prime Minister Shinzo Abe visited Russia for the first time in 2014. Japanese Agency NIkkei claimed that during the meeting with Putin, Abe unveiled a plan on economic cooperation, consisting of eight items. According to the Agency, the plan includes, in particular, the construction of LNG plants, ports, airports, hospitals and other infrastructure, mainly in the far East.

The Minister of foreign Affairs of Russia Sergey Lavrov after the meeting was told that the leaders of Russia and Japan discussed bilateral contacts, the position on nuclear “claims” of the DPRK and the issue of a peace Treaty. Press Secretary of Russian President Dmitry Peskov said that rose and the theme of the Kuril Islands. According to him, discussions were held in a “very constructive spirit”, the contacts will continue at the level of ministries of foreign Affairs of the two States.