Rosneft sells first Kozmino oil cargo to IPP -trade
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Anchoret [2011-05-20]
MOSCOW, Nov 23 - Oil trading company IPP has won a tender called by state-controlled Rosneft (ROSN.MM) to ship the first crude cargo from Russia's new far eastern oil port of Kozmino, several oil traders told Reuters on Monday.
The traders said Rosneft sold the cargo at a premium of $0.5 per barrel to the regional benchmark Dubai crude.
The shipment from Kozmino marks the launch of the Pacific branch of Russia's first oil pipeline to Asia, the East Siberian-Pacific Ocean, or ESPO, route.
Traders have previously said the 100,000-tonne cargo would be loaded on Dec. 27-29.