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NK Rosneft' OAO Signs Direct Contract for Crude Oil Deliveries to Czech Republic


Thursday, 20 Jun 2013 08:00pm EDT 

NK Rosneft' OAO (Rosneft) announced that on June 21, 2013 at the St. Petersburg International Economic Forum Rosneft has signed a contract for crude oil deliveries via pipeline Druzhba to the Czech Republic. The buyer of the crude oil for the Czech Republic is PKN ORLEN S.A. The value of the agreement amounts to approximately USD 7 billion at the current market prices, the agreed volume of deliveries is up to 8 million tons. The contract with PKN ORLEN S.A. is agreed with deliveries until June 30, 2016.