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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Investcafe
Provider: Investcafe

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ANK Bashneft' OAO Concludes Oil Export Deal With Vitol-Interfax

Wednesday, 27 Feb 2013 07:13am EST 

Interfax reported that ANK Bashneft' OAO (Bashneft) has concluded a $2.666-billion contract with oil trader Vitol on sale of export oil running to November 30, 2014, Bashneft said in a statement. In addition, Bashneft concluded an agreement with Vitol on sale of export oil products worth $2.491 billion. That agreement is valid until August 31, 2016. Bashneft signed another agreement, with Normeston Trading Limited, on sale of export oil to January 31, 2014. That deal is worth up to $2.596 billion. Earlier in 2012 the Company concluded oil export agreements with Star Oil (ОАЭ) and Souz Petrolium SA. The deals are all framework agreements in nature. 

Company Quote

52.0 +3.60%
10:48am EST