Glencore, Russia Oil and Gas

“Rosneft” to get a recurring advance at $10 billion from “Glencore” and “Vitol”

“Rosneft” will get a recurring advance in the amount of $10 billion from “Glencore” and “Vitol”, Rosneft’s presiden,t I.Sechin said.

“This week we have announced about a conclusion of an unprecedented deal with “Glencore” and “Vitol”. Within the frame of the settlement Rosneft will get a recurring advance at $10 billion,” Sechin said.

Translated by Iraida Idiyatova Read more »

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