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2014-08-12 18:25:00

ROSNEFT & SARAS CONFIRMED

ROSNEFT & SARAS CONFIRMED

Italian oil refiner Saras has confirmed its joint venture projects with Russia's largest oil company Rosneft has not ended. The company said it expects the deal to sell oil, and begin refining operations together will be delayed, not canceled.

The joint trading venture was schedule to begin in April this year, but the delay is mostly due to Rosneft's purchase of Morgan Stanley's oil trading unit.

"We are continuing work with Rosneft on developing a commercial venture, and are taking into account the new opportunities arising from Rosneft's purchase of Morgan Stanley's oil trading unit," a representative told…

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Tags: ROSNEFT, SARAS, OIL, RUSSIA
Chronicle:
ROSNEFT SARAS CONFIRMED
2020, April, 6, 14:00:00
WORLDWIDE RIG COUNT DOWN 161 TO 1,964
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ROSNEFT SARAS CONFIRMED
2020, April, 6, 13:55:00
U.S. RIGS DOWN 64 TO 664
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ROSNEFT SARAS CONFIRMED
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OIL PRICE: NEAR $31
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2020, April, 3, 12:15:00
OPEC+ DISCUSSES REDUCTION
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ROSNEFT SARAS CONFIRMED
2020, April, 3, 12:10:00
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ROSNEFT SARAS CONFIRMED
2020, April, 3, 12:05:00
#OilPriceWar: OPEC+ NOT ENOUGH
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ROSNEFT SARAS CONFIRMED
2020, April, 3, 12:00:00
#OilPriceWar: RUSSIA'S OIL PRICE $20
Urals crude, Russia’s export blend, is now trading firmly below $20 a barrel, a level which could equate to a budget deficit of 2% of gross domestic product this year,
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