From February 2010 onwards Rosneft will have no more monthly auctions to sell its petroleum products in the country. All free volumes, that the Company now sells on “free departure station” (FDS)* basis, will, from now on, be sold only through the commodity exchange.
On February 1, 2010, Rosneft (the Company) was the first among its global peer group to publish audited consolidated financial results under US GAAP for 2009.
On December 28, 2009, Rosneft Board of Directors held a meeting in Vladivostok at which the Company’s preliminary results for 2009 under the Russian standards were reviewed and its business plan for 2010 was approved.
