Russia's largest oil company Rosneft may participate in development of oil and gas condensate deposits and oil refinery projects in Ecuador, the company said on Tuesday.
That follows talks between Rosneft President Eduard Khudainatov and an Ecuadorian delegation, including Ecuador's Strategic Resources Minister Jorge Glas, and Ecuadorian Ambassador to Russia Patricio Chavez.
"During the talks, both parties discussed the opportunities for mutual cooperation and implementation of joint oil and gas projects in Ecuador. In particular, the parties discussed Rosneft's possible participation in the development of oil and gas condensate deposits and oil refinery projects," the company said.
MOSCOW, October 26 (RIA Novosti)