Rosneft New Leader On Far East Bunker Market

OJSC Rosneft and Sakhalin Energy have signed a long-term agreement under which Rosneft will supply bunker fuel through its terminal at the Russian port of Nakhodka to the operator of the Sakhalin-2 project.

Before the Rosneft agreement was signed, Sakhalin Energy’s oil tankers and LNG carriers could only use bunkering at ports in Korea, Singapore and Hong Kong. The Sakhalin Island was the first tanker to use bunkering as part of the agreement.

The signing of this contract with one of the largest clients in the Russian Far East is an important step towards further expanding Rosneft’s bunkering business. It has also created an international bunker hub at the Russian port of Nakhodka.