Rosneft has signed contract for oil supplies to the Czech Republic for $7 billion

Rosneft has signed a contract with PKN Orlen for oil supplies at a rate of up to 8 million tons for $7 billion to the Czech Republic. The duration of the contract is until June 30 2016. Supplies will be executed by Druzhba pipeline. The companies will cooperate on the principles of long-term stability. Now Rosneft has a contract with PKN Orlen for supplies of 18 million tons of oil via Druzhba to Poland until January 31 2016. In winter Rosneft also closed contracts for oil supplies via the pipeline to Germany.

Translated by Nadezhda Poltoratskaya 

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