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Rosneft & Grupa Lotos SA Expand Cooperation

Source: www.gulfoilandgas.com 8/2/2018, Location: Europe

Rosneft Oil Company and Grupa Lotos SA signed an oil supply contract to Poland. The agreement is valid until the end of 2020, while the supply volume in this period will be from 6.4 to 12.6 million tons. The agreement with Grupa Lotos proves the quality of Rosneft’s partnership relations with major consumers in the traditional regions of Russian oil sales. Access to export infrastructure supply channels ensures uninterrupted crude delivery to European refineries while maximizing their economic efficiency.

The increase of oil supplies complies with Rosneft’s strategy of creating the shareholder value by increasing the efficiency of oil sales, as well as meets consumers’ interests and strengthens Europe’s energy security.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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