Sberbank will provide Bashneft with 54 billion rubles guarantee for oil supplies

Elvira Latypova

UFA, 23 January 2015. /Bashinform News Agency, Elvira Latypova/. Bashneft concluded an agreement with Sberbank on 54 billion rubles guarantee for oil supplies. The transaction was completed on January 21, according to the materials of the oil company.

Details of the agreement are not disclosed; the specific agreement on oil supply is not specified.

JSOC Bashneft is a vertically integrated oil company that operates in more than 20 regions of Russia and abroad. In early December, the company was transferred from JSFC Sistema to the ownership of the Russian Federation.

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