Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-07-09 19:15:00

ROSNEFT & ESSAR SUPPLIES

ПОСТАВКИ РОСНЕФТИ ДЛЯ ESSAR

Rosneft Chairman of the Management Board and Essar Group Founder Shashi Ruia signed a long-term contract for oil supplies for the purpose of refining at the Vadinar refinery (India).

The document was signed in Ufa within the BRICS summit in continuation of the agreements, reached in 2014 during the visit of the President of the Russian Federation Vladimir Putin to India.

The contract envisages total supplies of 100 mln tones of crude oil over a period of 10 years.

Rosneft expands market outlet and amplifies the volume of supplies to the region, where growing points of the world's economy are concentrated. Thanks to this agreement Rosneft grants itself a secure market outlet of crude oil, which will create an additional possibility of production planning and marketing.

Moreover, Rosneft and Essar shareholders signed a Term Sheet with regard to Rosneft's participation in the Vadinar refinery equity capital with a share of up to 49%. The principles laid down in the Term Sheet, will be reflected in final documents, which are subject to approvals.

Rosneft participation in the refinery's equity capital will allow Rosneft to obtain a share in one of the biggest refineries in India and the Asia-Pacific region. The refining capacity of the Vadinar refinery is 20 mln t PA. The deal also includes marketing business whereby Essar operate a retail chain of 1600 stations located in India. From this base the parties intent to further develop both refining and marketing businesses in India.

The implementation of the proposed transaction will increase the earning capacity of Rosneft operations in the region along the whole value chain and open new perspectives for the development of commercial activities in Asia-Pacific, will promote the expansion of the trading business' potential.

Commenting on the signing, Igor Sechin said: "The reached agreement is of a strategic nature. The performance of the terms of the signed documents will have a substantial impact on the scale of economical cooperation between Russia and India. The goods turnover between two countries will grow more than 50%. The new formula of integrated cooperation opens wide perspectives for the development of dialogue, both in specialized and related areas".

-----

The Vadinar refinery is the second largest refinery in India and one of the most complex refineries in world. The refinery is highly flexible in terms of raw materials use and is capable of refining heavy and ultra-heavy oil. In addition the refinery has access to a deep-water port, capable of accommodating VLCC tankers.

Essar Oil Limited also possesses a retail chain in India. The de-regulation of pricing of diesel and petrol opens growth perspectives for retail sales.

rosneft.com

More:

RUSSIA & INDIA: SHALE OIL

STRATEGIC OIL FOR INDIA

INDIA OIL RESERVES

INDIA BUY US LNG

Tags: OIL, GAS, PRICES, TECHNIP, FRANCE,

Chronicle:

ПОСТАВКИ РОСНЕФТИ ДЛЯ ESSAR
2018, January, 22, 08:20:00

RUSSIAN NUCLEAR POWER - 2017

WNA - Apart from adding capacity, utilisation of existing plants has improved markedly since 2000. In the 1990s capacity factors averaged around 60%, but they have steadily improved since and in 2010, 2011 and 2014 were above 81%. Balakovo was the best plant in 2011 with 92.5%, and again in 2014 with 85.1%.

ПОСТАВКИ РОСНЕФТИ ДЛЯ ESSAR
2018, January, 22, 08:15:00

INDIA'S NUCLEAR POWER - 2017

WNA - India has a flourishing and largely indigenous nuclear power programme and expects to have 14.6 GWe nuclear capacity on line by 2024 and 63 GWe by 2032. It aims to supply 25% of electricity from nuclear power by 2050.

ПОСТАВКИ РОСНЕФТИ ДЛЯ ESSAR
2018, January, 22, 08:10:00

CHINA'S NUCLEAR POWER - 2017

WNA - Mainland China has 38 nuclear power reactors in operation, about 20 under construction, and more about to start construction. The reactors under construction include some of the world's most advanced, to give a 70% increase of nuclear capacity to 58 GWe by 2020-21. Plans are for up to 150 GWe by 2030, and much more by 2050.

ПОСТАВКИ РОСНЕФТИ ДЛЯ ESSAR
2018, January, 22, 08:05:00

U.S. - RUSSIA'S NUCLEAR

PLATTS - "The domestic uranium mining industry needs US government assistance to survive the foreign onslaught -- particularly from Russia and Kazakhstan -- that has undermined the US uranium industry while new players -- particularly China -- will soon make the situation worse," Energy Fuels and Ur-Energy said in a petition they jointly filed with the department.

All Publications »