Rosneft realizes 3.9 million tons of oil of VChNG for 0.5 bln. roubles of fee
Edited by Rhod Mackenzie / 2013-09-17 06:41:27
OJSC “Verchnechonskneftegas” (VChNG) will pay OJSC “Rosneft” 530.82 million roubles for the sale of 3.878 million tons of oil in July-December 2013, is said in a statement of VChNG.
The commission agreement between VChNG and “Rosneft” was approved at the meeting of the Board of Directors of VChNG on September 13. The oil volumes will be realized for export is said in the agreement. In H1, 2013 VChNG increased oil production by 10% to 3.769 million tons against the same period last year. In 2013 VChNG is about to produce 7.65 million tons of oil (+8.5% against 2012) and 7.8 million tons in 2014.
