For the Record

Rosneft Invests in Chechnya

Rosneft will be putting 4.391 billion rubles ($132.4 million) into geological prospecting work in the Republic of Chechnya in 2013-2014, says a report by Grozneftegaz, Rosneft’s subsidiary in the republic, including 3.863 billion rubles spent on drilling, Interfax reported. (MT)