Sechin talks about partnership with Italy and the Middle East

Sechin talks about partnership with Italy and the Middle East

Editorial Staff
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On the sidelines of the Eurasian Economic Forum in Verona, the Rosneft CEO dealt with several areas, from the choices made by OPEC to Rosneft's current partners and those with which it is looking to strengthen its ties

The are many variables influencing the oil market and which could create the right conditions to continue with the deal between OPEC non OPEC oil producing countries to cut oil output (signed in 2016), or to end it, such as the listing of the energy giant Saudi Aramco. This is what Rosneft Chairman of the Management Board Igor Sechin told reporters at a press conference held on the sidelines of the tenth edition of the Eurasian Forum currently underway in Verona. Sechin discussed several areas during the Forum, and underscored the company’s excellent relations with Italy, despite the difficult international climate due to the sanctions imposed on Russia by the EU and the U.S. in 2014, following the annexation of Crimea. In late December, he added, Rosneft will start drilling activities in the Black Sea with Eni and Sapiem. In addition to its partnerships with Italy, Sechin mentioned that Rosneft is looking to strengthen its ties with the Middle East, particularly with Iran, Saudi Arabia, Kurdistan and Iraq more generally.