ROSNEFT OIL COMPANY: Operatings results for 4Q -3-
DJ ROSNEFT OIL COMPANY: Operatings results for 4Q and 12M 2020
ROSNEFT OIL COMPANY (ROSN)
ROSNEFT OIL COMPANY: Operatings results for 4Q and 12M 2020
12-Feb-2021 / 14:00 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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OPERATING RESULTS FOR 4Q AND 12M 2020 - ROSNEFT ANNOUNCED CARBON MANAGEMENT PLAN AND CLIMATE GOALS TO 2035 - 4Q 2020 LIQUIDS PRODUCTION INCREASED BY 1.9% QOQ TO 3.98 MMBPD - 4Q 2020 GAS PRODUCTION INCREASED BY 7.5% QOQ TO 16.08 BCM - THE COMPANY LAUNCHED 2 NEW KEY PROJECTS - ERGINSKY LICENSE AREA AND SEVERO-DANILOVSKOYE FIELD - WITH THE POTENTIAL
REFINERY NEWS ROUNDUP: Russian plants reduce runs in January
Russian refineries are expected to reduce throughput in January on poor economics and also fewer working days due to the New Year holidays, with more pronounced cuts anticipated at smaller and medium-sized refineries that are predominantly export-oriented.
Some of them will process from stocks or run in “hot circulation mode”, according to sources. Bigger refineries that cover domestic demand are also likely to reduce runs, but to a lesser extent.
As a result more volumes have been directed to exports, with Urals monthly exports at the largest combined monthly volume since April, when Russian refineries cut throughput significantly due to the nationwide lockdown.