08MAR2019 - NEWS - Oil producer Rosneft of Russia plans to open a trading unit in Singapore to boost its crude sales in Asia's oil market

Oil producer Rosneft of Russia plans to open a trading arm in Singapore in a bid to boost its crude sales on the fastest-growing oil market in the world. Rosneft registered Rosneft Singapore at the end of last year and plans to relocate several employees from Moscow to Singapore this spring and summer. The Russian oil giant has also reportedly picked a top crude trader, Andrey Bogatenkov, who is currently the first deputy head of crude and product exports for Rosneft in Moscow, to lead the new Asian trading division.

Published by Editor - www.Livebunkers.com at 08-Mar-2019 04:45:34 [UTC] , contact editor at editor@livebunkers.com