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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile

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NK Rosneft' OAO and NIC sign contract for oil products supplies

Friday, 23 May 2014 08:00pm EDT 

NK Rosneft' OAO:Says that within the Petersburg International Economic Forum Rosneft signed a 5-year term contract for oil products supplies with importer of Mongolia, NIC.The overall cost of supplies is $1.3 billion, volume more than 1.2 million tons, and duration June 2014 - May 2019.Rosneft is aimed at increasing the volumes of supplies to the Mongolian market, the company already reached similar agreements with other local companies.This will allow Rosneft to supply up to 80 percent of the needs of oil products of the Mongolian market.Agreements will be signed in the nearest future. 

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