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Belorusneft awards Rosneft Trading SA a tender for 1.6 mln t of Urals in 2016--trade

Fri, 13th Nov 2015 10:57

MOSCOW, Nov 13 (Reuters) - Belorussian oil producer,Belorusneft, awarded Rosneft's subsidary, Swiss-based RosneftTrading SA, a tender for 1.6 million tonnes of Urals crude fordelivery to Germany in 2016, trade sources told Reuters.

The tender was awarded with a discount of around 80 cents abarrel to the formula price, which comprises the averagequotations of Platts dated Brent for the full month of deliveryand the average value of Urals NWE differentials to Brent, theyadded, but that couldn't be verified.

In June 2015, Rosneft agreed with BP to reorganise theirrefining joint venture in Germany, known as Ruhr Oel.

Under the agreement, Rosneft will double its share inBayernoil to 25 percent, Miro to 24 percent and PCK Raffinerie(Schwedt) to 37.5 percent, it said in a statement, while BP willget 100 percent of the Gelsenkirchen refinery.

Separately, France Total agreed to sell its 16.7percent stake in the Schwedt refinery in Germany to Rosneft. (Reportig by Gleb Gorodyankin)

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