Surgut Awards Glencore Right to Crude Oil in Tender

Maritime Activity Reports, Inc.

May 7, 2015

Russia's third-largest oil producer Surgutneftegaz has awarded Glencore the right to lift 1.2 million tonnes of crude oil from Russian Baltic Sea ports, traders said on Thursday.

The cargoes, 200,000 tonnes a month, can be lifted between July and December this year.

(Reporting by Gleb Gorodyankin; writing by Vladimir Soldatkin)

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