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RussNeft to Conclude a Long Term Crude Oil Delivery Contract with Hungarian MOL if it Wins the Auction for Transpetrol

26.12.2005 "AK&M"

RussNeft OAO is going to conclude a long term contract on crude oil deliveries with Hungarian company MOL in case it wins the auction for sale of the shares at Slovakian pipeline company Transpetrol. This news was voiced for the reporters by Mikhail Gutseriev.

“This asset is interesting in view of cooperation with MOL,” said the head of RussNeft. “Access to the pipeline will be of avail when delivering crude to the refinery,” pointed out M.Gutseriev.
Speaking about likely amount of the deal the head of RussNeft said that in his opinion the price might by be several millions different from the one paid by Yukos.”

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