"Bashneft-Polus" will deliver more than 2.5 million tons of oil to Ufa refineries for two years

UFA, 25 April 2016. /Bashinform News Agency, Olesya Seregina/. The joint venture of Bashneft and Lukoil - "Bashneft-Polus" LLC will supply 2.52 million tons of oil from the Trebs and Titov fields in the Nenets Autonomous District to refineries of PJSOC Bashneft in Ufa in 2016-2018. This was reported by the press service of the Nenets Autonomous District Administration with reference to the joint venture.

The cost of the oil supply contract is 20 billion 813.6 million rubles.

On March 27, "Bashneft-Polus" LLC extracted the three millionth ton of crude oil from fields in the Nenets Autonomous District. This year, "Bashneft-Polus" plans to extract more than 2 million tons at two fields. In the first quarter of this year, the company produced 511 thousand tons of oil at the Trebs and Titov fields, which is 68.1 percent more than for the same period of the last year.

In the first quarter the Timan-Pechora region fields are accounted for 9.7 percent of total production of Bashneft, the report said.