Rosneft Said to Sell 100,000 Tons of April Sokol Crude to Shell
Friday, 17 February 2012 | 16:30
Rosneft Oil Co. (ROSN) sold Russia’s Sokol crude for loading in March to Royal Dutch Shell Plc at a premium to the Dubai benchmark of about $7.50 a barrel, according to three traders who participate in the market. They declined to be identified because the information is confidential.
Details of the sale are as follows:
Crude: Sokol (Russia)
Buyer: Shell
Quantity: 100,000 tons, or 730,000 barrels
Loading: April 1-10
Port: DeKastri Terminal, Russia’s Far East
Price: About $7.50 a barrel premium to Dubai crude price
published by pricing service Platts.
Source: Bloomberg
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