November 29, 2010 / 10:13 AM / 9 years ago

Russia's TNK-BP eyes oil export hike

MOSCOW, Nov 29 (Reuters) - TNK-BP TNBPI.RTS, Russia’s venture of BP (BP.L), is looking to almost double export of crude and oil products as it opens a trading unit in Geneva, a company official said on Monday.

Jonathan Kollek, vice-president for sales and logistics, also said that the company will start trading in Geneva in the third quarter of 2011 and plans to increase its crude and oil product export to 2 million barrels per day from 1.2 million bpd currently.

He added that TNK-BP will up its refining output this year by 10 percent to 35.6 million tonnes.

Reporting by Jessica Bachman; writing by Vladimir Soldatkin; editing by Lidia Kelly

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below