MOSCOW, October 12 (RIA Novosti) - Russian state-owned oil company Rosneft invested a total of $1.8 billion in the first nine months of 2005, 1.2% higher than expected, the company said Wednesday.
Rosneft said $1.2 billion of this sum had been used to fund existing projects.
"In particular, during this period, subsidiaries have begun extraction from 126 wells, and brought into use 127 km of power lines, 415 km of pipelines, 59 km of oil product pipelines, and 15 filling stations," the company said.
Total investment in new projects totaled $54 million, up $31 million year-on-year.
