DataLife Engine / Rosneft signs contract for oil purchase in Iraq’s Kurdistan

Rosneft signs contract for oil purchase in Iraq’s Kurdistan

“In accordance with the agreement’s conditions, the parties concluded a contract for purchase and sale of oil to the address of Rosneft within a period of between 2017 and 2019. The contract stipulates an advance payment. A trading branch of PJSC NK Rosneft – Rosneft Trading SА – will act as the product’s buyer,” the company’s press release says.

The contract was signed within the framework of an agreement concluded between Rosneft and the Kurdish government on cooperation in the field of exploration, production, infrastructure, logistics and trading of hydrocarbon.

21-02-2017, 11:11
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