Rosneft and China agree on additional oil supplies via Kazakhstan

Russian oil major Rosneft and China signed an agreement on additional supplies of oil per year via Kazakhstan, Russian Energy Minister Sergey Tsivilyov said on the sidelines of the Eastern Economic Forum.

"The agreement was also signed by Rosneft and its Chinese counterparts on the additional delivery of 2.5 mln metric tons of oil via Kazakhstan," Sergey Tsivilyov said.

In May, the Russian government approved a draft protocol on amendments to the intergovernmental agreement with China, which provides for the possibility of increasing Russian oil supplies to China by 2.5 million tons. Russian Deputy Prime Minister Alexander Novak said that this was a proposal from Beijing and Russia is ready to ensure such supplies.