Rosneft and PKN Orlen, the owner of the Plotsk refinery in Poland, have signed a contract for supply of crude oil via the Druzhba pipeline to Poland. The amount of the contract is about US$15bn (€11bn) at current prices. The contract envisages a supply volume of some 6 Mt/year (totalling approximately 18 Mt for the whole contract period). Delivery term for the contract is until 31 January 2016.
In late January Rosneft also signed contracts for supply of crude oil via the Druzhba pipeline to Germany. Under the terms of these transactions crude will be purchased by the subsidiaries of Total and Shell, which have interests, among others, in the German PCK Schwedt refinery. It is also planned to sign a similar contract in the nearest future with Eni which also holds stake in the refinery. Delivery term for the contract with Total is 31 December 2015. Contracts with Shell and Eni will operate throughout 2013 but their term can be extended and delivery volumes increased.
Apart from the said contracts, Rosneft also has an agreement for supply of crude oil through the Druzhba pipeline to Germany via Rosneft Trading S.A. The contract ensures deliveries of crude to PCK Schwedt refinery as part of Rosneft-ВР JV Ruhr Oel.
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