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

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Eni, Rosneft Sign Deal to Develop Trading, Logistics Opportunities

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02/23/2013 | 06:13pm CEST

ROME--Italy's Eni SpA (E) and Russia's Rosneft (>> Rosneft' NK OAO) said Saturday they have signed an agreement in Rome to jointly develop trading and logistics opportunities, a move that should secure the Italian company's access to the world's largest oil producer's output and help its trading arm bolster its position as one of the leading players in the European market.

The agreement was signed by Igor Sechin, chairman of Rosneft's management board, and Marco Alvera, chief executive of Eni Trading and Shipping, or ETS, which is Eni's commodities trading arm and one of the largest buyers of crude oil from the Urals region, on behalf of its parent company and others.

Write to Christopher Emsden at chris.emsden@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Rosneft' NK OAO
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Sales 2016 76 836 M
EBIT 2016 10 141 M
Net income 2016 4 402 M
Debt 2016 38 273 M
Yield 2016 2,61%
P/E ratio 2016 13,05
P/E ratio 2017 8,01
EV / Sales 2016 1,25x
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Capitalization 57 536 M
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Number of Analysts 11
Average target price 5,10 $
Spread / Average Target -6,1%
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Igor Ivanovich Sechin Chairman-Management Board & Vice Chairman
Andrey Removich Belousov Chairman
Petr Ivanovich Lazarev Finance Director
Valeriy Vladimirovich Nikitin Director-Information Technology
Artur Matthias Warnig Deputy Chairman
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