UC Rusal and Rosneft sign agreement on partnership
Edited by Rhod Mackenzie / 2014-05-26 06:09:44
Metals and mining Oil and Gas Refining RUSAL Russia Russia Metals and Mining Russia Oil and Gas Aluminium Oil Rosneft
UC Rusal and Rosneft have concluded a contract providing for the supply of coke and natural gas to UC Rusal’s enterprises. The document was signed by UC Rusal’s CEO, Oleg Deripaska and Rosneft’s president, Igor Sechin at the XVIII St. Petersburg International Economic Forum.
The agreement is long-term and provides supply of 2.65 million tons of petroleum coke and up to 12 billion cubic meters of gas at the UC Rusal’s enterprises. Such cooperation creates a guaranteed market of the gas and coke for Rosneft. In turn, the contract provides a stable supply of raw materials for UC Rusal to load its enterprises.
