Gazprom to pump up to 87 bln cubic m of Rosneft’s gas until 2019 for 124 bln roubles

​Gazprom will pump up to 87 bln cubic m of Rosneft’s gas until 2019 for 124 bln roubles, Rosneft reports.

The Board of Rosneft at the meeting on December 31st approved the rendering of services by Gazprom to Rosneft on gas pumping by the gas transportation system of Gazprom in 2016-2018 at the volume of not over 87.077 bln cubic m for 123.759 bln roubles (VAT included).

Previously Rosneft reported that the company plans to increase the volumes of gas extraction up to 100 bln cubic m until 2020.

Rosneft’s Board approved the company’s policy by the gas business, oil extraction on the surface and in the sphere of exploration and extraction of hydrocarbons at the shelf, Rosneft reports.

The Board of Rosneft decided to approve a number of related-party deals and considered other issues.