MOSCOW (Sputnik) – He added that the dividends of Petrozamora had a positive impact on financial results of the Gazprombank Group.
"The enterprises are functioning rather successfully. We are producing about 130,000 barrels of oil per day and the resource base is very large – 4.3 billion barrels of P1 type of oil reserves, so these are extractable reserves," Ivanov said in an interview on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
Ivanov noted that despite cutting costs Petrozamora had enough money to pull through the period of price volatility.
In February, Gazprombank said it wanted to boost cooperation with PVDSA.
