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RasGas signs new LNG Sales and Purchase Agreement with KOGAS
RasGas Company Limited (RasGas) announced today that Ras Laffan Liquefied Natural Gas Company Limited (3) (RL 3) has entered into a new Long Term Liquefied Natural Gas Sales and Purchase Agreement (SPA) with South Korean state-owned energy company Korea Gas Corporation (KOGAS). The agreement was signed by His Excellency Dr Mohammed Bin Saleh Al Sada, Minister of Energy and Industry for the State of Qatar, and Chairman of RasGas and RL 3, and Mr Park Young Sung, KOGAS Executive Vice President and Chief Operating Officer.

date.png12 Feb 2012 16:29 | comments.png 0 Comments | tags.png kogas korea lng qatar rasgas trading [ More ]

Gazprom doubling Azerbaijani gas purchase
Today in Krasnaya Polyana Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) signed in the presence of Russian President Dmitry Medvedev and Azerbaijani President Ilkham Aliev an addendum to the effective purchase and sale contract for the Azerbaijani natural gas.

date.png24 Jan 2012 07:01 | comments.png 0 Comments | tags.png azerbaijan gas russia trading [ More ]

Socar Crude oil export (December 2011)
SOCAR Marketing and Economic Operations Department exported 155 thousand 663 tons of crude oil from the Novorossiysk Port, 161 thousand 697 tons of crude oil from the Supsa Port, and 1 million 645 thousand 23 tons of crude oil from the Jeyhan Port in December 2011.

date.png05 Jan 2012 12:44 | comments.png 0 Comments | tags.png azerbaijan socar trading [ More ]

Qatar Petroleum marks 11,000th export shipment of Qatar Land Crude Oil from the Mesaieed Terminal
Qatar Petroleum’s Mesaieed Terminal & Export Department celebrated on Monday the 11,000th export shipment of Qatar Land Crude Oil from its terminal facilities in Mesaieed Industrial City.

date.png26 Dec 2011 09:05 | comments.png 0 Comments | tags.png qatar trading [ More ]

PKN ORLEN has signed an agreement with Souz Petrolium for crude oil deliveries
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 22 December 2011 it signed an Agreement with Souz Petrolium SA headquartered in Geneva („Souz Petrolium”), for REBCO crude oil deliveries, in the quantity of 2,4 m tonnes per year, by “Przyjazn” pipeline to PKN ORLEN (“Agreement”). The Agreement is valid from 1 January 2012 to 31 December 2014. In some cases, described in the Agreement, the deliveries can be realized by sea to Gdansk.

date.png23 Dec 2011 07:21 | comments.png 0 Comments | tags.png pkn-orlen poland trading [ More ]

PKN ORLEN has signed the agreement with Glencore Energy UK Ltd for delivery of crude oil
Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 22 November 2011 it signed spot agreement with Glencore Energy UK Ltd, London, United Kingdom („Glencore”) for delivery of crude oil to Unipetrol RPA, s.r.o. The estimated net value of the agreement amounts to approximately USD 83 million (i.e. approximately PLN 271 million, based on the average PLN/USD exchange rate as of 22 November 2011, as stated by the National Bank of Poland).

date.png23 Nov 2011 12:01 | comments.png 0 Comments | tags.png glencore pkn-orlen poland trading [ More ]

Closing of the loan agreement to PDVSA
Marubeni Corporation, Itochu Corporation and Mitsui & Co., Ltd. (herein after referred to as our “Parties”) finalized the agreement for loan facilities in the amount of US$ 750 million (loan period: 15 years) granted to Petróleo de Venezuela S.A. ("PDVSA"), with the support of Japan Bank of International Cooperation ("JBIC") and Nippon Export and Investment Insurance (“NEXI”).

date.png29 Jun 2011 17:24 | comments.png 0 Comments | tags.png itochu japan marubeni mitsui pdvsa trading venezuela [ More ]

Saudi Aramco Subsidiary Launched for Refined Products Trading
The Saudi Arabian Oil Company (Saudi Aramco) has established Saudi Aramco Product Trading Company (Aramco Trading), a wholly-owned subsidiary, to maximize downstream integration and generate value by leveraging its growing global system.

date.png24 Feb 2011 15:06 | comments.png 0 Comments | tags.png saudi-arabia saudi-aramco trading [ More ]

PKN ORLEN has signed an agreement with STASCO for crude oil deliveries to ORLEN Lietuva
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 10 January 2011 it signed a spot agreement with Shell International Trading and Shipping Company Limited, London, Great Britain („STASCO”), for crude oil deliveries to AB ORLEN Lietuva (“ORLEN Lietuva”). The estimated net value of the agreement amounts to approximately USD 67 million (i.e. approximately PLN 203 million, based on the average PLN/USD exchange rate as of 10 January 2011, as stated by the National Bank of Poland).

date.png11 Jan 2011 14:17 | comments.png 0 Comments | tags.png lithuania pkn-orlen refinery shell trading [ More ]

PKN ORLEN has signed an agreement with Glencore Energy UK Ltd. for crude oil deliveries to Unipetrol RPA
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 23 December 2010 it signed a spot agreement with Glencore Energy UK Ltd., London, United Kingdom („Glencore”), for crude oil deliveries to Unipetrol RPA s.r.o. (“Unipetrol RPA”). The estimated net value of the agreement amounts to approximately USD 39 million (i.e. approximately PLN 119 million, based on the average PLN/USD exchange rate as of 23 December 2010, as stated by the National Bank of Poland).

date.png27 Dec 2010 06:25 | comments.png 0 Comments | tags.png czech glencore pkn-orlen refinery trading unipetrol [ More ]
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