Gulf Oil and Gas accountACCOUNT

Rosneft & Eni Signed Agreements on Logistics Opportunities

Source: www.gulfoilandgas.com 11/26/2013, Location: Asia

Igor Sechin, Rosneft President and Chairman of the Management Board, and Paolo Scaroni, Eni CEO in the presence of the Russian President, Vladimir Putin, and Italy’s Prime Minister, Enrico Letta, signed a term sheet on mutual crude supply and a heads of agreement on logistics opportunities. These agreements outline principal terms of crude oil supply contracts to Eni refineries in Europe (Germany and Czech Republic) and joint participation and investments in logistics and commercial business.

According to the term sheet Rosneft will supply crude oil to PCK Schwedt refinery in Germany and Ceska Rafinerska refinery in the Czech Republic, which are both participated by Eni. At the same time signed agreement presupposes that Eni will perform seaborne supplies to Rosneft in the frame of Rosneft’s stake (50%) in Ruhr Oel GmbH refineries, in Germany.

Within principal arrangement in logistics and commercial business as stipulated in the heads of agreement the Parties agreed on specific cooperation principles for joint development of the logistics hub in the Venice area.

Commenting on the signing, Igor Sechin said: “These agreements represent a step which is consistent with tightening Eni and Rosneft relationship in the area of trading and logistics following the agreement on developing trading and logistics opportunities which was signed in February 2013”.

Project Logistics News in Russia >>

Azerbaijan >>  8/19/2019 - Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services ...
India >>  8/19/2019 - INTECSEA Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (“PMC”) contract by Reliance Industries Limited (...

China >>  8/12/2019 - China based offshore and subsea solutions company, COOEC Offshore, has formed an alliance with international oilfield services company, Expro. The for...
India >>  8/6/2019 - BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels...

Russia >>  8/2/2019 - Saipem has reached an agreement with Technip France and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG 2...
China >>  7/29/2019 - TechnipFMC celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 Oilfields Development Project recently. The m...

Related Categories: Freight Forwarding  General  Project Logistics  Shipping & Marine Services  Shipping Lines  Specialized Transport  Warehouse Logistics 

Related Articles: Freight Forwarding  General  Project Logistics  Shipping & Marine Services  Shipping Lines  Specialized Transport 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.