Rosneft President Igor Sechin did not rule out that the company could buy new oil and gas assets in 2014, he told the journalists at a press conference last week.
“The company had an organic growth, but we will consider all possible options, which will be presented,” Sechin said when asked about purchase of new assets.
Rosneft President also added that the company will have enough oil resources for 17 years and gas resources for 31 years.
He added that in 2013 Rosneft will increase the dividend payments by 50% up to 120 billion rubles. The profitability of securities will constitute 5%, Sechin added.
Rosneft has concluded agreements with Norwegian Statoil, Italian Eni and US ExxonMobil, according to which the companies have committed themselves to conduct geological and exploration works in charge of the share in the Arctic shelf projects, reported http://itar-tass.com.--0---
Economics
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Azerbaijan generated 23,847.3 million kWh of electricity in the first ten months of 2024, according to preliminary operational data.
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Azerbaijan’s Minister of Energy Parviz Shahbazov presented the country’s ambitious green energy goals during a COP29-related event organized by the Federation of German Industry. The event was attended by Germany’s Vice Chancellor and Minister for Economic Affairs and Climate Action, Robert Habeck.
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To tax global companies conducting online sales, the State Tax Service developed an electronic platform earlier this year. The Service announced that Apple Distribution International Limited has registered on this platform, received its Taxpayer Identification Number (TIN - VOEN) from the Tax Service, and is now a taxpayer. The portal operates according to Tax Law and Cabinet Decree No. 387 dated October 30, 2023, the State Tax Service reported.
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On November 18, as part of COP29, Azerbaijan’s Deputy Minister of Energy, Orkhan Zeynalov, signed Memorandums of Understanding (MoU) in the field of "green energy" with representatives from Chinese companies "PowerChina Resources Limited" and "TBEA Co., Ltd."
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