Tag: TNK-BP

• Friday, June 21st 2013 - 16:41 UTC

  Russia to supply China 270bn dollars in oil on 25 year contract

  

  Russian state oil company Rosneft has agreed to double its oil supplies to China, in a deal worth 270bn dollars over 25 years. Under the terms of the deal, Rosneft will supply 300.000 barrels of oil a day to China starting in 2015.