Oman Oil, Rusnano to weigh co-investment opportunities in oil & gas, chemical sectors
FROM P13 the chemical and petrochemical industries through chemical funds launched by Rusnano, bringing benefit to the Russian and the Omani sides. The opportunities pipeline will include strategically important chemical and petrochemical projects based on competitive innovative technologies,” the Russian state-own nanotechnology firm said.
It quoted Managing Director Vladimir Konovalov as saying that Rusnano sees a lot of investment potential in the Russian petrochemical industry based on its competitive feedstock prices and traditionally strong role in this sector.
“Cooperation with Oman Oil Company, with its extensive portfolio of projects and industry expertise, will enable us to increase the efficiency of our investments,” Konovalov added.
Established in March 2011 through the reorganisation of the state-owned Russian Corporation of Nanotechnologies. Rusnano has the mandate to implement state policy on the development of the country’s nanotechnology industry by investing directly and through investment funds in nanotechnology projects in the Russian Federation.
The company has investments in as many as 87 plants and R&D centres around Russia.
Its primary investment focus is in electronics, optoelectronics and telecommunications, healthcare and biotechnology, metallurgy and metalwork, energy, mechanical engineering and instrument making, construction and industrial materials, chemicals and petrochemicals.