Rosneft has received $20 billion from CNPC
Edited by Rhod Mackenzie / 2014-01-15 01:31:30
Rosneft has received the first part of the advance payment at a rate of $20 billion from CNPC within the transaction for oil supplies. It received over $10 billion before New Year. The total volume of the advance payment for the transaction is $70 billion. In December, the President of Russia V. Putin signed the law about ratification of the intergovernmental agreement for Russian oil supplies to China. Total volume of the contract is $270 billion. In June, Rosneft closed the new contract for supplies with CNPC presupposing supplies to China of 365 million tons of oil within 25 years.
