SOCAR Turkey Energy AS and Rosneft sign agreement

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Baku, October 11, AZERTAC

Rosneft and Socar Turkey Energy signed an agreement on supplies of oil and oil products at the World Energy Congress.

“The parties will examine cooperation potential within the scope of new Star Refinery with the capacity about 10 mln tons, under construction by Socar Turkey Enerji. Companies will consider the opportunity of organizing Rosneft supplies to the entity, particularly oil and other raw materials,” Rosneft said.

The range of products, volumes and timing of supplies will be set out in binding documents to be signed in midterm, Rosneft said.

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