Russia-based integrated oil company Rosneft has signed deals with different companies to supply crude oil via the Druzhba pipeline.
Under a three-year contract, valued at about $15bn, Rosneft will supply crude oil through the pipeline to PKN Orlen’s Plotsk refinery in Poland.
The company will supply 6 million tons (MT) of crude oil annually and will provide a total of 18MT of crude oil, until 31 January 2016.
Rosneft also signed supply contracts with subsidiaries of Total and Shell in late January 2013 to provide crude oil via Druzhba pipeline to Germany.
The company is also expecting to sign a deal with Eni, which holds interest in the German PCK Schwedt refinery, just like Total and Shell.
The company through its Rosneft Trading has entered into an agreement to provide crude oil via the pipeline to Germany. It will ensure supply to the PCK Schwedt refinery.
The new contracts with Germany and Poland will increase the company’s export to about 13MT annually.