Rosneft creates trading company in Switzerland


Rosneft said Tueday that on January 19 it registered a foreign trading company, Rosneft Trading SA, in the Canton of Geneva in Switzerland.

The company has been created to assist in realization of Rosneft’s foreign projects, the company said.

Creation of the trading company will not alter the existing system of export sales by Rosneft, which is based on sale of goods volumes via tender procedures.

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