The head of Rosneft talked about the company's future prospects for development.
Sergei Bogdanchikov reported that in the near future Rosneft plans to develop the Kharampursky deposits along with Gazprom, to do preliminary work linked to launching the Eastern Pipeline, and to develop the project to construct an oil refinery on the coast of the Pacific Ocean.
In the middle of 2006 the company plans to put its shares on British and Russian stock markets. After consolidating its subsidiary companies the company's capitalization will increase by approximately ten billion dollars.