Greece’s Motor Oil Hellas Corinth Refineries and Russia’s biggest oil producer Rosneft have signed a deal on mutual supplies of crude oil and oil products for the next five years, Rosneft said on Monday.
Reuters notes that the deal, signed with the participation of Petrocas Energy; a Rosneft subsidiary, implied the possibility of increasing annual oil and oil product supplies up to 7.5 million tonnes (150,000 barrels per day).
“The document will also enable Rosneft to independently sell oil products produced at the refineries of Motor Oil Hellas for trading, using facilities of Petrocas Energy,” Rosneft announced.
Read more here.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: License: CC-BY-SA
Source: greekreporter.com
