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"Rosneft" will additionally deliver to China up to 5 million tons of oil - Sechin
Rosneft got the opportunity to additionally supply up to 5 million tons of oil to China, the president of the company Igor Sechin said in an interview with the Russia 24 TV channel.
This was the result of the signing in Beijing of a technological agreement between Russia and China on the temporary change of the point of oil supply to the People's Republic of China for 2015-2017 years.
Sechin explained that China and Russia agreed on an additional point of oil supply, and now it is possible to supply additional volumes and on a different route than Skovorodino, where there is a branch to Mohe and Daqing.
In June last year, Rosneft and the Chinese National Oil and Gas Corporation (CNPC) signed a long-term contract for the delivery of Russian oil to China within the framework of the St. Petersburg Economic Forum.
Then Sechin explained that it was about deliveries of 365 million tons during 25 years, and the transaction amount is estimated at $ 270 billion.