OREANDA-NEWS. July 22, 2013. Rosneft President and Chairman of the Management Board Igor Sechin reported to Russian President Vladimir Putin on the company operations in the Far East Federal District and mid-term plans to develop offshore projects via a video conference. The video link connected Yuzhno-Sakhalinsk, where President Putin was at that time, with the Orlan platform in the Sea of Okhotsk, from which Igor Sechin made his report.

Rosneft is a key production and investment company in the Far East District. Its current production and social-economic initiatives among others include offshore projects, the construction of the Far East Petrochemical Company and an LNG facility, as well as a large scale modernization of the Komsomolsk refinery and participation in the Sakhalin-1 project.

'Rosneft will invest about 52 billion rubles into Far East development as part of its mainstream activities in 2013 alone,’ said Igor Sechin, emphasizing that all company’s operations were aimed at ensuring sustainable development of the Far East District and Russia in general.