CNPC doesn’t confirm oil purchase by the contract with Rosneft in 2014
Edited by Rhod Mackenzie / 2014-06-03 01:03:28
CNPC (China) hasn’t yet confirmed the readiness to increase the imports of the Russian oil by the new contract with Rosneft up to 2 mln tons in 2014.
A source in Rosneft has confirmed the information that China has yet confirmed the imports of only 600 thousand tons out of the stated in the intergovernmental agreement of 2 mln tons.
We execute obligations by the contract in the framework of up to 2 mln tons. For this year China has confirmed only the acceptation of only 600 thousand tons with the possibility of a rise, the source said.
Rosneft doesn’t officially comment on the situation.
