The Rosneft Management Board approved the conclusion of three agreements with the trading subsidiary company Rosneft Trading on the export of oil and oil products, amounting to about USD 1 billion, according to company materials, RNS reports.
In particular, Rosneft will export up to 1.7 mln tons of REBCO oil, amounting to $560 mln, through Novorosiysk port.
Rosneft will also export oil products of 500 ths to 1.5 mln tons through Nakhodka port under FOB/ITT terms. The total amount of the transaction is up to $375 mln.
The third transaction provides the export of oil products, amounting to 26 ths tons under FOB terms through Arkhanhelsk port. The total amount is up to $13 mln.
The time of delivery under these transactions is not indicated.
