Rosneft to supply oil products to Mongolia worth $1.3 bln.
Edited by Rhod Mackenzie / 2014-05-26 05:30:45
Rosneft expands its presence on the oil market of the republic of Mongolia. Within the framework of theSt.Petersburg International Economic Forum, the company concluded a 5-years contract on oil products supply to the Mongolian company “NIK”.
The total cost of the supplies makes up $1.3 billion. The volume of supplies within the framework of the contracts will make up more than 1.2 million tons since June 2014 to May 2019. The share of the market of “NIK” in Mongolia makes up 25%.