Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

100 Mln Tons Of Oil Will Be Supplied To China
22.10.2013 15:24
100 Mln Tons Of Oil Will Be Supplied To China
(Source: http://www.beregovo.info/news/engine)

Rosneft is going to sell 100 mln tons of oil to China. Rosneft and China's Sinopec agreed on annual shipments of 10 million tons of oil to China. The contract duration is 10 years, proved Igor Sechin, the Head of the Russian oil company. "The main conditions for the supply of 10 million tons of oil to the east as well as to the west for 10 years have been signed" – Igor Sechin said in China during the official visit. The head of Rosneft noted that the eastern route will provide the delivery of oil through the ESPO, while the western - by sea.

      Earlier, Sechin and the head of Sinopec signed a memorandum of the export contract on a prepayment basis. Sechin commented that 25-30% deposit “is a common condition, applied to our customers". The timetable for oil supply has also been confirmed by the company leaders.

      A significant increase in the supply of oil to China will be made in February, 2013. At present, Russia exports to China 15 million tons of oil annually with the help of Eastern Siberia - Pacific Ocean (ESPO) pipeline system. Earlier, Rosneft has attracted some Chinese partners to the extraction of oil and gas in Russia. 




Author: Anna Dorozhkina

Tags: Oil Rosneft Russian oil oil to China  

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Sochi 2014  Vladimir Markin  Power of Siberia  Russian government  Russian Cinema  Joseph Kobzon  Boris Nemtsov  K. S. Stanislavsky and Vl. I. Nemirovich-Danchenko Moscow Academic Musical Theater  Life Saving  obituary  Musika Frère  Russian ballet  Moisey Feigin  Georgy Flerov  Richard Marx  Russian science  Murmansk  Romanovs  Russian meteorite  Park of Russian Fairy Tales  Tambov  Russian scientists  Russian business  Hermitage Museum  Russian media  cheese tour  Concerts in Moscow  Exhibitions in Moscow  Russian schools  Eduard Gorokhovsky  Belokurikha  Mercedes-Benz Fashion Week Russia  Russian tourism  Saransk  Concerts in Saint Petersburg  Russian rulers  Moscow  elections in Russia  St. Petersburg  MSPU  Innovations  smartphones  Russian art  tax collection  Installations  Russian Museum  eating out  Russian actors  Russian children  Russian economy 


Travel Blogs
Top Traveling Sites