Chief Executive Officer of Russian oil
major Rosneft Igor Sechin will depart to Venezuela right after the APEC summit
to discuss joint projects with local PDVSA. "Right now," Sechin said
on Nov. 18, responding to the question whether he flies to Venezuela after the
summit. "We have five production projects there; we are producing 9 mln
tonnes per year in Venezuela," he said. "We are ready to work in
different formats but prefer bilateral formats with our partner," Sechin
said responding to a question whether an alliance with China’s CNPC and PDVSA
is discussed. More…
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