Ros­neft aims to em­u­late Aramco pro­duc­tion

The National - News - Business - - Inside Track -

Rus­sia’s Ros­neft aims to be­come the world’s third largest gas producer and as cost-ef­fec­tive as Saudi Aramco, the chief ex­ec­u­tive of the world’s top listed oil producer by vol­ume wrote in an ar­ti­cle pub­lished yes­ter­day. “We must find the tools which will al­low us to in­crease the ef­fi­ciency of the com­pany at all stages of the pro­duc­tion chain – from oil and gas ex­plo­ration to re­tail sales of oil prod­ucts,” CEO Igor Sechin wrote.

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