“Rosneft” and the Regional Iraqi Government of Kurdistan have signed an agreement on cooperation in the fields of exploration, production, infrastructure, logistics and trading of hydrocarbons.
The document provides for the purchase of oil by the holding in the period from 2017 to 2019 by the means of advance payments. It is noted that the purchaser of raw materials will be the trading unit of “Rosneft” - Rosneft Trading SA. The delivery volumes of hydrocarbons are not specified.
Author: Anna Dorozhkina