Rosneft says plans to replenish resource base 100% in 2021–2022

MOSCOW, Dec 21 (PRIME) -- Russian oil company Rosneft plans to replenish the resource base fully in 2021–2022, the company said in a statement on Monday.

"The approved plan of financial and economic activities for 2021–2022 envisages resource replenishment by 100%, fulfillment of the oil production obligations taken by the company while keeping the production potential increase on brownfields," Rosneft said.

The company said that it fulfilled the key tasks of its strategy for 2020 and expects to have met the business plan reflected in the financial results for January–September.

Rosneft’s 2021–2022 investment program targets fulfillment of highly efficient projects, including development of the resource base and Vostok Oil project infrastructure development.

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