Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  NK Rosneft' PAO    ROSN   RU000A0J2Q06

NK ROSNEFT' PAO (ROSN)
Mes dernières consult.
Most popular
Report
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

NK Rosneft' : Rosneft Develops Projects in Iraqi Kurdistan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/18/2017 | 10:29am CET

Rosneft has completed its due diligence on infrastructure of the export oil pipeline in Iraqi Kurdistan ('KROP') and will shortly finalise the legally binding documents on oil pipeline project under the Investment Agreement signed at St. Petersburg International Economic Forum in June 2017.

The Kurdistan Regional Government of Iraq and the Company intend further strengthen and develop cooperation and consider to expand Rosneft footprint in the region. The parties have negotiated Rosneft's opportunity to participate in the project on funding of the construction project of Kurdistan Region's natural gas pipeline infrastructure. It is expected that a separate agreement under this project will be finalized by year-end.

The Kurdistan Region gas pipeline will not only supply natural gas to the power plants and domestic factories throughout the region, but also enable exporting of substantial fuel volume to Turkey and European market in the coming years. The investment in the project will be on under a BOOT arrangement, to be recovered through tariff charges and an agreed rate of return basis. The pipeline capacity is expected to handle up to 30 BCMA for gas export, in addition to facilitating gas supply to the key domestic users.

Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis. Commissioning of the pipeline and first domestic supplies are planned for 2019 and export supplies - 2020.

Successful implementation of the project under discussion will enable Rosneft to play a leading role in the building and expanding Kurdistan Region's gas transport infrastructure and create synergy with existing projects for development of the oil and gas fields of the 5 blocks awarded to the Company in the region.

Rosneft Information Division
tel.: + 7 (499) 517-88-97
18 September 2017

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

OJSC Oil Company Rosneft published this content on 18 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 September 2017 08:28:13 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NK ROSNEFT' PAO
12/14 Putin - Rosneft boss broke no law with no-show at bribery trial
12/13 EXCLUSIVE - SAUDI ARAMCO TO PUSH AHE : Ceo
12/13 Russia's Sistema pulls sale of shares in toy retailer after stake frozen
12/13 Russia's Sistema says Detsky Mir stake sale cancelled
12/13DJSistema Cancels Detsky Mir Share Offering Due to Court Order
12/13 Rosneft says EU sanctions aim to favour rivals
12/13DJSistema Has Assets Frozen by Court Order in Rosneft Suit
12/12 Russian court freezes $1.7 billion of Sistema assets under Rosneft claim - re..
12/12 Russian court to hear new Rosneft lawsuit against Sistema in January
12/08 Russia's Sistema countersues Rosneft for $5.6 billion in growing row
More news
News from SeekingAlpha
11/24 OIL : Still Bearish?
11/20 Rosneft inks oil supply deal with China's CEFC
11/17 Rosneft announces world's longest well at Sakhalin-1 project
11/14 Rosneft misses Q3 profit estimates, free cash flow falls 83%
11/01 Russia's Rosneft, Iran's NIOC to team up on oil and gas projects
Financials ($)
Sales 2017 99 168 M
EBIT 2017 11 111 M
Net income 2017 3 808 M
Debt 2017 57 590 M
Yield 2017 3,02%
P/E ratio 2017 14,26
P/E ratio 2018 7,21
EV / Sales 2017 1,13x
EV / Sales 2018 1,13x
Capitalization 54 118 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 6,40 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Igor Ivanovich Sechin Chairman-Management Board & Vice Chairman
Gerhard Schroeder Chairman
Petr Ivanovich Lazarev Finance Director
Valeriy Vladimirovich Nikitin Director-Information Technology
Artur Matthias Warnig Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
NK ROSNEFT' PAO54 118
ROYAL DUTCH SHELL4.31%267 829
PETROCHINA COMPANY LIMITED1.76%211 104
TOTAL-3.35%140 496
STATOIL6.50%68 061
PETROLEO BRASILEIRO SA PETROBRAS3.23%61 612