Bloomberg News

Rosneft, TNK-BP Offer 500,000 Tons of Urals Crude for July

June 27, 2012

OAO Rosneft, Russia’s largest oil producer, and TNK-BP, the oil producer half-owned by BP Plc (BP/), issued tenders to sell 500,000 metric tons of Urals crude for loading in July from two Baltic Sea ports, said four traders who participate in the market.

Details of the sales are as follows:

----------------------------------------------------------------
Seller:   Rosneft
Quantity: Four cargoes of 100,000 tons each
Loading:  July 10-11, 11-12, 12-13, 13-14
Port:     Primorsk, Baltic Sea
Closing:  2 p.m. today, Moscow time
----------------------------------------------------------------
Seller:   TNK-BP
Quantity: 100,000 tons
Loading:  July 16-17
Port:     Ust-Luga, Baltic Sea
Closing:  2 p.m. today, Moscow time
----------------------------------------------------------------

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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