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Trafigura inks deal with Rosneft for refined products

This will make Swiss trader single biggest corporate buyer of Russian oil

Published Mon, Dec 21, 2015 · 09:50 PM
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Moscow

SWISS commodities trader Trafigura is expanding its ties with Russia's Rosneft and is set to become the biggest buyer from the sanctions-hit Kremlin oil major when it adds refined products to its already huge purchases of crude oil.

Trafigura said it had agreed to buy additional volumes from Rosneft from January 2016, mainly refined products.

The company declined to disclose details. Trading sources said they estimated the total volumes at 20 …

KEYWORDS IN THIS ARTICLE

Sanctions
Russia

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