50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Rosneft issues June ESPO crude tender, requests for rouble payment

Published 04/28/2022, 02:58 AM
Updated 04/28/2022, 03:01 AM
© Reuters. FILE PHOTO: A logo of Russian state oil firm Rosneft is seen at its office in Moscow, October 18, 2012. REUTERS/Maxim Shemetov/File Photo
ROSN
-

SINGAPORE (Reuters) - Russia's top producer Rosneft (MM:ROSN) has issued a tender to sell June-loading ESPO Blend crude, in another attempt to get buyers to pay for supplies in full upfront and in Russian rouble currency.

The payment terms are similar to the mega tender Rosneft issued last week which failed to attract buyers.

© Reuters. FILE PHOTO: A logo of Russian state oil firm Rosneft is seen at its office in Moscow, October 18, 2012. REUTERS/Maxim Shemetov/File Photo

The producer offered nine cargoes via a tender for loading on May 31-June 5, June 2-6, 5-9, 8-12, 11-15, 14-18, 17-21, 20-25 and 26-30, according to a tender document seen by Reuters.

The tender will close on April 28 with bids valid until May 6.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.