Russia’s Rosneft gets deal to supply Trafigura with diesel in 2016 – traders

MOSCOW Dec 11 Russia’s leading oil producer Rosneft and Swiss trader Trafigura have signed a deal, which involved forward financing, on diesel provide in 2016 from the Baltic Sea port of Primorsk and Pacific outlet of Nakhodka, traders said on Friday.

Rosneft will sell up to three million tonnes of ultra-low sulphur diesel from Primorsk and up to two.9 million tonnes of 500 ppm sulphur diesel from Nakhodka. Trafigura will also secure up to 1 million tonnes of bunker fuel from Nakhodka.

Each firms declined to comment.

Rosneft has enjoyed offers with traders under which they prepay for future fuel supplies.

The organization stated in its monetary report that it received pre-payments worth far more than 1 trillion roubles ($ 15.three billion) below its long-term supply contracts with customers in the third quarter, supplying money that has helped the heavily-indebted group repay a substantial element of its quick-term debt. (Reporting by Gleb Gorodyankin, Olga Yagova and Natalya Chumakova writing by Vladimir Soldatkin editing by Jack Stubbs)