(EnergyAsia, January 17 2014, Friday) — Russia’s leading oil producer Rosneft said it has received the first multi-dollar-billion pre-payment from China National Petroleum Corp (CNPC) for a 25-year crude supply contract signed last June. Rosneft said it has begun supplying 290,000 b/d over the 25-year period, up from just 800,000 tonnes or 16,000 b/d last…
RUSSIA: CNPC makes first advance payment for Rosneft’s crude oil supply
Posted on January 17, 2014 by EnergyAsia