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NK Rosneft' OAO Signs Oil Contract with Trafigura-Interfax


Friday, 21 Jun 2013 12:13am EDT 

Interfax reported that NK Rosneft' OAO (Rosneft) has signed an oil and oil product supply contract with the trader Trafigura with a prepayment of as much as $1.5 billion, an Interfax correspondent reported from the signing ceremonies. The up to 10.1 million tons of oil and oil product will move through Russian ports. The contract is valid for five years and was signed by Rosneft President Mr. Igor Sechin and the management board chairman and senior managing director at the oil trader, Mr. Claude Dauphin. The price under the contract will correspond to the receiving company price at regular tenders. 

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