Bloomberg News

Russia’s Rosneft Said to Award ESPO Crude Cargo for May to BP

March 30, 2012

OAO Rosneft awarded two 100,000 metric-ton cargoes of East Siberia-Pacific Ocean crude, or ESPO, for loading in May and early June, two traders who participate in the market said.

BP Plc (BP/) won one cargo for delivery at the Far Eastern port of Kozmino on May 19 to 22, the people said, declining to be identified because the information is confidential.

Details are as follows:

------------------------------------------------------------
Crude:        ESPO
Quantity:     100,000 tons
Buyer:        BP
Loading:      May 19 to May 22
Port:         Kozmino, Russia’s Far East
------------------------------------------------------------
Crude:        ESPO
Quantity:     100,000 tons
Buyer:        Unknown
Loading:      May 30 to June 2
Port:         Kozmino, Russia’s Far East
------------------------------------------------------------

To contact the reporters on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net; 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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