"Bashneft" finds buyers for its oil.

"Bashneft" has entered into two contracts for the supply of petroleum products to the Swiss trader Vitol for $ 2.9 billion and Demex Trading Limited for $ 2.2 billion, "Bashneft" reported. The deliveries will be made before August 31st, 2015 inclusive. The calculations can be made until the end of February 2016. "Bashneft" and Vitol declined to comment. Demex Trading Limited representatives could not be reached.

In 2013 "Bashneft" has exported 4.7 million tons of oil and about 9.3 million tons of the petroleum products. In February 2014, "Bashneft" reached an agreement with Vitol to sell its oil for up to $ 2.6 billion (the contract period - up to 30 November 2014) and the petroleum products - for $ 2.4 billion (by August 31, 2016). Formerly "Bashneft" mainly contracted to export oil with Star Oil and Souz Petrolium (the structure of the "Summa" group).