Russia’s Rosneft signs deal with Indian Oil to supply crude oil in 2022

MOSCOW/NEW DELHI (Reuters) -Rosneft has signed a deal to supply refiner Indian Oil Corp (IOC) with up to 2 million tonnes of crude next year, the Russian oil producer said in a press release on its website.

“The new oil supply deal confirms the strategic nature of long-term partnership between Rosneft and Indian Oil”, head of Rosneft Igor Sechin said in a statement.

The deal was signed on Monday among a number of other agreements made during the visit of Russian President Vladimir Putin to India.

Rosneft will supply up to 2 million tonnes of Russian oil loading from the Black Sea port of Novorossiisk.

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