Russian oil producer highlights Asian reach

[TomSea]

Russian oil producer highlights Asian reach
Russian oil producer Rosneft said it aims to drill more off the coast of Vietnam next year, even as lower oil prices curb the appetite for spending.
By Daniel J. Graeber Follow @dan_graeber Contact the Author   |   Aug. 2, 2017 at 6:55 AM

Russian energy company Rosneft said it plans to drill three more wells off the coast of Vietnam next year. File photo by Stephen Shaver/UPI | License Photo

Aug. 2 (UPI) -- Russian oil producer Rosneft highlighted its focus on operations offshore Asia by boasting of its future exploration and production plans for Vietnam.

The Vietnamese subsidiary said it was marking 15 years of operations offshore Vietnam. Though a dominant player on the global energy stage, and one of the top exporters to the European economy, Russian energy companies have maintained a strong footing in the Asia-Pacific region.

Continued: https://www.upi.com/Russian-oil-producer-highlights-Asian-reach/5601501670162/