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Rosneft and Petrovietnam sign long-term agreement for oil supplies

June 16, 15:45 UTC+3
Rosneft will supply up to 96 mln tonnes of oil to PetroVietnam by 2040
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© Sergei Bobylev/TASS

ST. PETERSBURG, June 16. /TASS/. Rosneft and PetroVietnam Oil Corporation (subsidiary of PetroVietnam) signed a long-term contract for the supply of for up to 96 mln tonnes by 2040 at the St. Petersburg International Economic Forum (SPIEF 2016) on Friday.

"The volume is up to 96 mln tonnes until 2040. The transaction will be carried out after the necessary regulatory and other approvals are received," the Russian company told TASS.

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