Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Rosneft to increase oil deliveries to Europe by 3-5% in 2016

byCT Report
05/03/2016
in Latest News
Share on FacebookShare on Twitter

MOSCOW: Rosneft plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29 million metric tons in 2016, or by 3 to 5 percent year on year, as part of its strategy to strengthen its market standing, a Rosneft representative told RIA Novosti.

“Rosneft has been working to increase its share in traditional markets, including Europe. In this context, it plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29 million metric tons in 2016 or by 3 to 5 percent from the 2015 level.”

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

“In 2015, Rosneft delivered about 28 million metric tons to EU refineries via the Druzhba pipeline, up from 26.5 million metric tons in 2014. The company intends to strengthen its standing in the EU oil market in 2016 by increasing deliveries to customers in Germany, Poland and the Czech Republic,” he said.

“We signed additional agreements with Poland’s PKN Orlen and Grupa Lotos S.A. in December 2015 and January 2016, under which we will increase oil deliveries to PKN Orlen by 2.4 million metric tons a year, from 6 million to 8.4 million metric tons, and oil deliveries to Grupa Lotos S.A. by 300,000 metric tons a year, to 2.8 million metric tons,” the Rosneft representative said.

Rosneft has also signed a two-year contract to deliver 4.8 million metric tons of oil to Total Oil Trading S.A. (TOTSA) facilities in Germany annually, he said.

 

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Russia's exports spike part of a cunning oil plan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.