{"id":637408,"date":"2017-11-15T04:14:04","date_gmt":"2017-11-15T04:14:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/"},"modified":"2017-11-15T04:14:04","modified_gmt":"2017-11-15T04:14:04","slug":"rosneft-to-invest-usd-2-bn-in-zohr-over-four-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/","title":{"rendered":"Rosneft to invest USD 2 bn in Zohr over four years"},"content":{"rendered":"

INVESTMENT WATCH-<\/strong> Rosneft is looking to invest USD 2 bn in the field over the next <\/strong>four years, <\/strong>Reuters reports<\/a>. Rosneft also said it may increase its stake in gasfield to 35%. The Russian major had purchased a 30% stake from Eni for USD 1.125 bn<\/a>. The company and its investments have made it an effective foreign policy tool for Russian President Vladimir Putin, often at the cost of its investors, Stephen Bierman and Elena Mazneva write for Bloomberg<\/a>. The company has spent USD 100 bn during Putin\u2019s tenure, accruing a substantial amount of debt, which increased for a fifth consecutive quarter to USD 48.4 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Rosneft is looking to invest USD 2 bn in the field over the next four years, Reuters reports. Rosneft also said it may increase its stake in gasfield to 35%. The Russian major had purchased a 30% stake from Eni for USD 1.125 bn. The company and its investments have made it an […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637408","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"dd8c7549-7ea8-442f-9c76-442518fd7a3f","order":"0","is_powered_by":true,"section_story_id":"93632b79-ea97-4d47-bf47-9c21be93b69a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637395],"teaser":"","voice_url":""},"yoast_head":"\nRosneft to invest USD 2 bn in Zohr over four years - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rosneft to invest USD 2 bn in Zohr over four years\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Rosneft is looking to invest USD 2 bn in the field over the next four years, Reuters reports. Rosneft also said it may increase its stake in gasfield to 35%. The Russian major had purchased a 30% stake from Eni for USD 1.125 bn. The company and its investments have made it an […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-15T04:14:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Rosneft to invest USD 2 bn in Zohr over four years\",\"datePublished\":\"2017-11-15T04:14:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\",\"name\":\"Rosneft to invest USD 2 bn in Zohr over four years - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-15T04:14:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rosneft to invest USD 2 bn in Zohr over four years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rosneft to invest USD 2 bn in Zohr over four years - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/rosneft-to-invest-usd-2-bn-in-zohr-over-four-years\/","og_locale":"en_US","og_type":"article","og_title":"Rosneft to invest USD 2 bn in Zohr over four years","og_description":"INVESTMENT WATCH- Rosneft is looking to invest USD 2 bn in the field over the next four years, Reuters reports. 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The transaction was first reported in December 2016, where Rosneft was said to be paying Eni USD 1.125 bn for the stake and included a pro quota reimbursement of past expenditures\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595963,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/15\/egypts-zohr-natgas-output-triples-in-1h2019\/","url_meta":{"origin":637408,"position":1},"title":"Egypt\u2019s Zohr natgas output triples in 1H2019","author":"enterpriseam admin","date":"15 August 2019","format":false,"excerpt":"Zohr natgas output triples in 1H2019: The Zohr natural gas field produced some 11.3 bn cubic meters (bcm) in 1H2019 at the current rate of 68 mn cm\/d or 2.4 bcf\/d, Russian energy major Rosneft said yesterday. The field\u2019s output has more than tripled during the first half of the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639086,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/rosneft-looking-into-expanding-zohr-stake\/","url_meta":{"origin":637408,"position":2},"title":"Rosneft looking into expanding Zohr stake","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"INVESTMENT WATCH- Rosneft CEO Igor Sechin told reporters the company is considering buying an additional 5% stake in Zohr, Reuters reports. Rosneft recently closed its acquisition of a 30% stake in the gas field \u2014 first announced last year \u2014 from Eni for USD 1.125 bn. Sechin also added some\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570737,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/13\/russian-companies-to-invest-usd-1-5-bn-in-egypt-this-year\/","url_meta":{"origin":637408,"position":3},"title":"Russian companies to invest USD 1.5 bn in Egypt this year","author":"enterpriseam admin","date":"13 April 2020","format":false,"excerpt":"INVESTMENT WATCH- Russian companies plan to invest USD 1.5 bn in Egypt this year: Unnamed Russian companies are planning to invest a combined USD 1.5 bn in agriculture, railway infrastructure, automobile manufacturing and shipbuilding in Egypt this year, Russian Trade Representation head in Cairo Nikolai Aslanovtells Al Mal. 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