One of the important competitive advantages of Rosneft on the oil market is to search for new resources and the cost of oil production. A member of the Board of Directors of Rosneft Karin Kneisl told about it in an interview with the “Vedomosti”.
According to her, in this regard, the NK makes a lot. “This is impressively low costs below $ 3 per barrel, something like $ 2.6. And if you can be so effective in terms of costs with volatile prices, it means you are not so vulnerable as competitors mining, for example, shale Oil, “she told.
Karin Knaisl also stressed that the project “Rosneft” “East Oil” can be historical. “” East Oil “is a combination of renewable energy and traditional energy sources, these are very ambitious goals for the oil industry and at the same time low carbon footprint. Stability – not just like slogan, but stability at every stage of work. Development of new fields, and also very much. Interesting cut options for consumers. Because one thing is to simply get oil, but completely different – to bring it to the market. The project has colossal logistic advantages, “said Karin Kneisl.
She noted that a complex of renewable energy sources was thought out for such a large-scale project, including wind power plants. This, according to her, suggests that if there is any technical opportunity to reduce the carbon footprint – it is implemented. “Advanced eco-friendly technologies are used and when drilling wells, and in the construction of oil pipelines and tankers, which will be exported to oil. Carbon footprint with oil production at East Oil – only 12 kilograms on the barrel. According to Woodmaccenzie, in the world for new fields this figure – 50 kilograms. Complete disposal of associated petroleum gas is envisaged, which will provide a project “carbon footprint” by 75 percent lower than that of other new large oil projects in the world, “she said.
Speaking about the situation in demand in the oil market, Karin Knaisl noted that oil consumption since 2006 decreases in traditional OECD countries, while growing in Asian countries. The reasons for growth, according to her, several, one of them – demographic, but the other even more important is a factor of economic development. “I have always emphasized that the East plays a decisive role, and not the West. And the energy market as such is now more dynamically developing in the east,” she added.