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

May 7, 2016

Development of cooperation between Rosneft and Japanese partners

Rosneft Chairman of the Management Board Igor Sechin took part in extend format meeting of Russian president Vladimir Putin and Japanese Prime Minister Shinzo Abe during which a wide range of issues concerning further development of Russian-Japanese business cooperation was discussed.

Rosneft’s participation in the meeting is stipulated by successful record of cooperation with Japanese partners in joint projects. At the moment about 1/3 of all oil export from Russia to Japan is supplied by Rosneft. The importance of progress in oil supplies to Japan was emphasized: from spot transactions to supplies guaranteed by long-term contracts (based on effective practice of Rosneft’s cooperation with JX Nippon). It will help to increase economic efficiency of partnership and to secure Japan’s energy security.

Since 2004 Rosneft is well experienced in work with Japanese banks (Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank). During 2011-2016 banks have been providing funds for the company in the amount of $3.1 bln under existing consortium loans.

The prospects of collaboration were noted in the area of advanced technologies appliance in oil and gas production and refining, participation of Japanese companies in Rosneft’s upstream projects, engagement in creation and development of “Zvezda” shipbuilding complex.

Note for editors:

Rosneft has long experience of cooperation with Japanese partners. In 1996 the company engaged pool of foreign companies, including SODECO, which shareholders are the government of Japan, Japex, Itochu, Marubeni, Inpex, in the “Sakhalin-1” project.

Following the results of 2015 Russia became the third supplier of oil for Japan (volume – 14.4 mln mt). In 2015 Rosneft supplied 4.4 mln mt of oil to Japan.

Japan Drilling Company carries out drilling of two exploration wells in Vietnam for Rosneft Vietnam (100% subsidiary of Rosneft).

Rosneft Information Division
tel.: + 7 (499) 517-88-97
May 7, 2016




Search by industry

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


Site Map
Privacy Statement | Disclaimer