Rosneft is seeking to borrow up to $30 billion from China in exchange for possibly doubling oil supplies, making Beijing the largest consumer of Russian oil and further diverting supplies away from Europe.
Four industry sources familiar with the situation told Reuters Rosneft was in talks with China’s state firm CNPC about the borrowing, which would echo a $25 billion deal the two companies clinched last decade.
Read Full Article HERE
Dmitry Zhdannikov and Vladimir Soldatkin, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/yJlYy5027bQ/
No comments:
Post a Comment