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Rosneft Ships First Vostok Oil Cargo, Expanding Russian Supply to Asia

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Rosneft dispatched the first crude shipment from its massive Vostok Oil project in Eastern Siberia despite Western sanctions.
  • Holding roughly 7 billion tons of reserves, the project is planned to ramp up to 2 million barrels daily, expanding Russian supply primarily aimed at Asian markets.
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