Russia's Rosneft seeks pre-payment in roubles for oil products

Russia's Rosneft seeks pre-payment in roubles for oil products
File Photo Image Credit: ANI
  • Country:
  • Russian Federation

Russia's Rosneft offered oil products from its refineries for loading May-June in a tender requiring pre-payment in roubles, three market sources told Reuters on Tuesday.

Last week Rosneft has offered 6.5 million tonnes of crude oil via tenders for loading in May-June, seeking full pre-payment in roubles for the first time.

Bids were invited for about 2 million tonnes of fuel oil and vacuum gasoil (VGO), 1.4 million tonnes of naphtha and 1 million tonnes of marine diesel oil (MDO), traders added.

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