The tenders were announced for the fuel produced at its 340,000bpd Ryazan refinery, located near Moscow, reports Reuters.

As part of the first tender, the company offered 550,000 tonnes of 350ppm diesel (parts-per-million) to sell between April and October 2014 on a free-on-board (fob) basis out of Baltic Sea and Black Sea ports or the Russian land borders in cargoes of about 30,000 tonnes.

On a fob basis out of Black Sea ports, it also offered 570,000 tonnes of fuel oil between May and December 2014.

The Ryazan refinery has refined 17.3 million tonnes of oil in 2013, which includes 4.1 million tonnes of diesel, 3.3 million tonnes of gasoline and 1.1 million tonnes of jet fuel.