Transneft plans to conclude a number of contracts with proceeds of 972 million rubles with Rosneft

The Transneft’s Board of Directors has approved signing of some agreements with Rosneft, the total revenue from which in 2016 is estimated at 972 million rubles, Transneft reports.

Thus, the Transneft’s Board approved a service contract for the storage of oil in the tank farm in the amount of about 14.2 thousand tons. "Expected revenues for the provision of services for the oil storage will amount to 315 million rubles (without VAT) in 2016. The validity period is from the 1st to the 31st January 2016," – the statement says.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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