11 Mar 2015 14:55

More attention to go towards foreign projects after Gutseriev's move from Russneft president to board chairman

MOSCOW. March 11 (Interfax) - Mikhail Gutseriev's move from Russneft president to chairman of the board of directors will allow for more attention to be paid to the foreign projects of his oil companies, he said in an interview with Russia-24.

Asked about the change, Gutseriev said: "In order to devote more attention to all assets, to the entire structure."

He said that he owned oil assets not only in Russia, but in Azerbaijan, Mauritania, Kazakhstan and other countries. Gutseriev said that a lot of other countries are not experiencing a crisis, which means that "work can be done there."

In addition, more attention will be paid to Neftisa, which currently has production of 7 million tonnes and reserves of 300 million tonnes.