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Shares of Russia's Rosneft historic high on plans to increase oil supplies to EU

March 04, 11:27 UTC+3 MOSCOW
Rosneft plans to increase oil supplies to Europe over Druzhba oil pipeline by 3-5% year-on-year
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© Sergei Bobylev/TASS

MOSCOW, March 4. /TASS/. Shares of the Russian oil producer Rosneft traded on the Moscow Exchange rose 0.5% to 295.8 rubles ($4) and are all-time high throughout the history of trading of the shares.

MICEX index declined 0.02%. RTS index is up 0.04% on the Moscow Exchange.

Rosneft’s shares set the prior record in February 2015.

A company’s representative told TASS earlier on Friday Rosneft plans to increase oil supplies to Europe over Druzhba oil pipeline by 3-5% year-on-year. The company intends to boost oil supplies to European consumers over Druzhba oil pipeline by 3-5% year-on-year in 2016, to approximately 28.7-29.0 mln tonnes," the Rosneft’s representative said. The Russian oil producer particularly plans to increase supplies to Germany, Poland, and the Czech Republic.

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