Rosneft To Export Extra 180,000 Bpd Of Oil To China This Year

Rosneft declined to reveal how much crude oil it is shipping to China via the Russian Pacific port of Kozmino, which expects to increase total exports to 440,000-460,000 barrels per day this year from 426,000 bpd last year.

A spokesman for Rosneft said the company sells oil at Kozmino only via spot tenders, not under long-term contracts.

According to the port's data, Japan was the prime destination for oil supplies last year, accounting for 35.5 percent of crude cargoes from the terminal. China was second with 23 percent, and the share has been growing steadily.

(Reporting by Vladimir Soldatkin and Katya Golubkova; Additional reporting by Alexei Anishchuk in Sochi; Editing by Anthony Barker)


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