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Rosneft and Essar agree on key terms of Russian oil supplies to India
Russia’s upstream producer Rosneft (ticker: RNFTF) and India’s oil refiner Essar signed key terms of oil and oil products supplies to refineries in India, according to a press release from Rosneft.

The document was signed on December 11 in New Delhi by the head of Rosneft, Igor Sechin and the founder of Essar, Shashi Ruia in the presence of President Vladimir Putin and Prime Minister Narendra Modi.

Rosneft signed an initial deal to supply 200 MBOPD to Essar over 10 yea...

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