Sovfracht and Rosneft have signed an agreement on transportation of crude and oil products by railway transport for additional 5 years. Sovfracht says the long-term contract covering the period till 2021 provides for transportation of over 11 mln t of oil cargo.
Sovfracht-Sovmortrans Group (Russia) is an independent transport and logistics holding established in 1929. The Group provides railway, road, sea and river transportation services. Sovfracht-Sovmortrans Group has a unique experience in transportation of oversized cargo all over the world including Arctic region. In 2015, the company acquired 20% of Northern Shipping Company.
Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Rosneft activities include hydrocarbon exploration and production, upstream offshore projects, hydrocarbon refining, and crude oil, gas and product marketing in Russia and abroad.