{"id":27594,"date":"2017-10-16T10:30:10","date_gmt":"2017-10-16T10:30:10","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2017\/10\/16\/egypt-the-russian-company-rosneft-acquired-30-of-the-zohr-gas-field-exploitation\/"},"modified":"2020-08-11T11:30:09","modified_gmt":"2020-08-11T09:30:09","slug":"egypt-the-russian-company-rosneft-acquired-30-of-the-zohr-gas-field-exploitation","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2017\/10\/16\/egypt-the-russian-company-rosneft-acquired-30-of-the-zohr-gas-field-exploitation\/","title":{"rendered":"Egypt: The Russian company Rosneft acquired 30% of the Zohr gas field exploitation"},"content":"\u00a0\nNothing can stop the Russian leader of the petroleum industry. After closing a strategic deal with Beijing Gas and Essar Oil, Rosneft announces they completed the acquisition of 30% stake due to the concessions agreement for the development of Zohr field. 30% stakes\u00a0were originally owned by the Italian society Eni. According to Rosneft \u201c cost of Rosneft stake acquisition is estimated over 1.1 billion dollars. Additionally, the company will also refund its share in past project cost to Eni\u201d.\nRosneft has paid so far 450 millions dollars to\u00a0realise field investments and development. Part of the contract\u00a0allows both Eni and Rosneft companies to acquire 5% more from the capital share of the\u00a0field. It\u2019s not the first time that Rosneft and Eni partner up. Back in the years they already\u00a0signed up an agreement on Black and Barents Sea\u2019s areas.\nFor Igor Sechin, CEO of Rosneft, this acquisition offers the opportunity to strengthen its positions in the region and increases a cooperation, whom will be good for Egypt. On Twitter, the company introduces itself as the largest Russian taxpayer.\nDiscover out our latest videos about the economic news in Egypt :\u00a0\n\n\n\u00a0\n","author":66,"featured_media":3327,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5766,5751,5753,2961,5760,5750,5762],"location":[5600],"class_list":["post-27594","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economic-analysis","tag-economy","tag-entrepriseslife","tag-institutions","tag-mediterranean-exchanges","tag-news","tag-trending","location-egypt"],"short_url":"","have_related_news":null,"chapo":"The Russian Rosneft and the Italian company Eni, have contracted a deal to develop a partnership into the biggest deep-water gas field of Egypt.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/gas-field-zohr-egypt.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/gas-field-zohr-egypt.jpg 550w","sizes":"550px","alt":"Egypt: The Russian company Rosneft acquired 30% of the Zohr gas field exploitation 1","width":550,"height":360,"ratio":0.67,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/gas-field-zohr-egypt.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/gas-field-zohr-egypt.jpg 1170w","sizes":"1170px","alt":"Egypt: The Russian company Rosneft acquired 30% of the Zohr gas field exploitation 1","width":1170,"height":658,"ratio":0.67,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Egypt: The Russian company Rosneft acquired 30% of the Zohr gas field exploitation - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"\u00a0 Nothing can stop the Russian leader of the petroleum industry. After closing a strategic deal with Beijing Gas and Essar Oil, Rosneft announces they\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2017\/10\/16\/egypt-the-russian-company-rosneft-acquired-30-of-the-zohr-gas-field-exploitation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: The Russian company Rosneft acquired 30% of the Zohr gas field exploitation - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Nothing can stop the Russian leader of the petroleum industry. 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