Russia: Rosneft switches to long-term pipe contracts
Rosneft has chosen the winners of its pipe purchase tender started in December 2016. The initial price of 180 billion rubles dropped by 31.3%, to 123.9 billion rubles. TMK and Gazpromtrubinvest won the largest lots. The pipes will be supplied for the development of deposits. In late April Rosneft announced another tender for the purchase…