Russia - 03

Russia: Sechin in Tokyo: New Tune, Old Terms

Igor Sechin’s speech in Tokyo on 6 November publicly broadcast the message that Rosneft has privately communicated to IOCs over the last few months: to take their pick at Rosneft’s projects. Sechin listed a wide array of assets that would be open to Japanese investors, including the upstream and downstream, oil and gas, and greenfields and brownfields. Several assets, like Rosneft’s Verkhnechonskoye project in the Irkutsk region, were publicly mentioned as potential investment targets for foreign firms for the first time.

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