print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Rosneft Oil Company REGISTER LOG IN

Press Releases > Rosneft Oil Company  all about the company

company search
all press releases
all Rosneft Oil Company press releases

Rosneft Oil Company

June 4, 2021

Rosneft and TMK agreed on the supply of metal products for the Vostok Oil project

Vostok Oil LLC (a Subsidiary of the Rosneft Oil Company Group) and Sinarastroikomplekt LLC (a subsidiary of TMK PJSC) signed an Agreement on the supply of metal products and related services provision for the implementation of the Vostok Oil project within the framework of the XXIV St. Petersburg International Economic Forum.

The signed agreement will ensure uninterrupted integrated supply of metal products, including pipe products, metal structures, reservoir park, and other metal structures for timely construction and installation works at the Vostok Oil project.

 In 2020, Rosneft commenced full-field development its Taimyr assets. Vostok Oil will help unlock the unique resource potential of the region. The project implementation will ensure the fulfillment of the tasks set by the President of Russia to increase the cargo flow along the Northern Sea Route.

As part of the project, it is planned to drill a large well stock, build power generation facilities with a capacity of about 3.5 GW, three airfields, two sea terminals, 15 camps, and a large-scale upgrade of the Yenisei River infrastructure. Rosneft is constructing an onshore terminal in the North Bay Port to ensure loading of crude oil to tankers.

For reference:

Vostok Oil is the largest project not only for Russia's but also for the world's economy. Its resource base exceeds 6 billion tons of premium-quality sweet crude oil. The Project envisages creating tens of thousands additional jobs. Implementation of the Vostok Oil Project will give momentum to the development of related economic sectors such as machine building, metallurgy, power generation, road construction, ship building, and will have a significant multiplicative effect.

Rosneft Information Division

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer