1 Aug 2012 12:40

Bashneft clinches long-term deals for oil-product exports worth $10.73 bln

MOSCOW. Aug 1 (Interfax) - Bashneft has secured several long-term agreements for supplying export oil products to the overall tune of up to $10.73 billion, company statements say.

Bashneft has signed an agreement with the Belarusian trader Traipl for the delivery of oil products for export in the amount of up to $4.36 billion. In addition, the company has concluded two sales agreements with the trader Somitekno: one for the delivery of diesel fuel for up to $4.46 billion and the other for the delivery of oil products for up to $1.91 billion. The agreements are good until July 31, 2013, and can be extended for another year.