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NK Rosneft' OAO Signs Gas Purchase and Sale Contract with Itera-RIA Vesti


Thursday, 21 Feb 2013 05:52am EST 

RIA Vesti reported that the Board of Directors of NK Rosneft' OAO approved gas purchase and sale contract with Itera for a total number of RUB 5.72 billion, the Company said. Thus, there was approved transaction for the sale of natural gas and associated gas to Itera in amount of 1.33 billion cubic meters of the total value of RUB 2.624 billion (including VAT). In addition, the Board approved the purchase of gas from Itera of 1.5 billion cubic meters, worth RUB 3.096 billion (including VAT).