You're reading: Rosneft signs agreements with Chinese partners for total of $30 billion

The total sum of new contracts signed by Rosneft and Chinese companies has reached $30 billion, Rosneft President Igor Sechin told journalists.

“Total investment potential of the signed documents is around $30 billion. These are new documents,” he said.

“This concerns the exchange of assets with the ChemChina Petrochemical Corporation, which will participate in the implementation of FEPCO [Far East Petrochemical Company]. In its turn, Rosneft will receive assets of petrochemical complexes on the territory of China,” Sechin said.