A Review of the Nigerian Energy Industry

Russia’s Rosneft may get 300bn roubles from National Wealth Fund

Rosneft-office-300x1623128 February 2015, News Wires – Russian state oil firm Rosneft may get 300 billion roubles ($5 billion) from the National Wealth Fund (NWF) to finance five projects, both upstream and downstream, Russian Energy Minister Alexander Novak told reporters.

Rosneft had asked for more than 2 trillion roubles from the NWF, one of two Russian rainy day funds, but had to adjust its request given the difficult economic situation. ($1 = 60.9020 roubles)


– Reuters

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