I am mainly speaking about oil refineries. It allows us to switch from retail sales of crude oil to working with our end-users. |
Last year, we commissioned a new gas deposit, and our agreement with Gasport has worked. |
The Foreign Ministry has been extremely helpful, lobbying our interests [abroad] in a good sense. |
Today, crude oil is sold at the price of the Urals brand, and in terms of quality we have been losing big money. Given the oil directly reaches the final buyer, all that money will stay in Russia. |
We believe we are ready to buy heavily on the European and US markets, and we have been considering a number of large facilities that we are planning to buy. |
We think that we are close to making considerable acquisitions in the European and American markets. |
We're constantly on the look-out for new projects and monitoring the market. We'd like to bolster our core assets, including exploration, refining, processing and retailing assets in the regions where we have a strong presence. |