RUSSIA'S Rosneft plans to boost capital investment to between 1.2 trillion and 1.3 trillion rubles (between $18.5 billion and $20 billion) this year on the back of improving financials and a significant reduction in short-term debt, writes Vladimir Afanasiev. According to the state-controlled oil producer, the company invested about 936 billion rubles in 2018, mostly on greenfield and brownfield projects in West Siberia, with no major acquisitions.
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