Rosneft TNK and NGK Itera investments: Last year’s acquisition of TNK and the consolidation of its stakeholding in NGK Itera has turned Rosneft into the third largest gas producer in Russia behind Gazprom and Lukoil. It is now also planning to spend $11.9bn in investment projects between now and 2018, its Vice President Svyatoslav Slavinsky said today. ITAR-TASS