07 February 2014, Friday, 16:15

Bashneft concluded an export contract for $ 2.4 billion

author: Elvira Latypova

Bashneft concluded an export contract for $ 2.4 billion

JSOC Bashneft will supply petroleum products for 2.4 billion U.S. dollars to «Septo Trading Inc» company. Obligations under the contract must be completed before January 31, 2015, Bashneft reports.

Bashneft will buy crude oil for 49.65 billion rubles at the company «Shell Trading Russia BV» in the period up to 29 February 2016.

Both transactions were approved by the Board of Directors on February 5 and committed yesterday.