Rosneft tells Putin its new Arctic project will be biggest in global oil
The company's Vostok Oil project would include 100,000 new jobs, 15 new industry towns, 800 kilometers of pipeline and total investments of more than €144 billion.
Igor Sechin, head of Russia’s state oil company Rosneft, has worked with Russian President Vladimir Putin since the 1990s and is considered among the most powerful and influential men in the country. When the two close companions with decades of experience working together sat down Tuesday for a talk in the Kremlin, it was the Arctic that was on top of their agenda.
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