Bloomberg News

Rosneft Said to Sell March Primorsk Urals Cargoes to BP, Shell

March 05, 2012

OAO Rosneft, Russia’s largest oil producer, sold via a tender six cargoes of Urals crude for loading in March from the Baltic Sea port of Primorsk to BP Plc (BP/) and Royal Dutch Shell Plc (RDSA), two traders who participate in the market said.

BP got four cargoes and Shell two, while a shipment for March 18 to March 19 loading was not awarded, said the people, who declined to be identified because they aren’t authorized to speak on the matter.

Details of the sales are as follows:

---------------------------------------------------------------
Crude:       Urals
Quantity:    Four cargoes of 100,000 tons each
Loading:     March 16-17, March 19-20, March 22-23, March 23-24
Port:        Primorsk
Buyer:       BP
----------------------------------------------------------------
Crude:       Urals
Quantity:    Two cargoes of 100,000 tons each
Loading:     March 21-22, March 28-29
Port:        Primorsk
Buyer:       Shell
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To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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