Bashneft-Polyus has signed a contract for the sale of Litasco oil, Bashneft reports.
Edited by Rhod Mackenzie / 2015-01-12 01:46:12
The contract with $898 mln value was signed for 1 year until December 31st 2015.
Bashneft-Polyus is a JV of Lukoil and Bashneft.
Litasco is a trading company of Lukoil.
Bashneft-Polyus plans to produce 900 thousand tons of oil at the Trebs deposit next year. In perspective 4.5-5 mln tons of oil a year will be produced at the deposit.
