Economics
Rosneft Prepares Plan to Fight Sanctions as Oil Output Declines
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OAO Rosneft, Russia’s largest oil producer, is preparing a plan to limit the impact of U.S.-led sanctions as output drops for second straight quarter.
“Together with our partners -- the world’s leading oil companies -- we are working on a plan to minimize the consequences of including Rosneft on the sanction lists,” Chief Executive Officer Igor Sechin said in a statement announcing second-quarter earnings.