Rosneft Signs 10-Year Deal With China for Shipment of 100 Million Tons of Oil

Oil to be processed in refineries in China.

Russian oil company Rosneft and Chinese energy company CNPC signed a 10-year agreement for the shipment of 100 million tons of oil to China, Rosneft said Friday.

The shipments will be delivered via Kazakhstan to China, where the oil will be processed in refineries.

Rosneft, Russia's largest oil company, is a major supplier to China and has shipped 445 million tons of oil since 2005.

(Anadolu Agency, February 4, 2022)

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