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Rosneft secures long-term oil deal

with China

Geopolitics

Rosneft secures long-term oil deal with China.

January 29, 2025 at 11:00:00 PM

Editorial Team

Editorial Team

Company:

Rosneft

ISIN:

US67812M2070

WKN:

A0J3N5

Symbol:

ROSN

Exchange:

RUS

Currency:

RUB

Country:

RU

Type:

stock

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The energy partnership between Russia and China reaches a new level: Rosneft has signed a long-term supply contract with Chinese partners. The agreement ensures stable oil deliveries to China and strengthens the economic relations between the two countries.

What does the deal mean?

  • Long-term stability: The contract guarantees a continuous oil supply for China and long-term revenue for Rosneft.
  • Economic partnership: The energy cooperation between the two BRICS countries is further deepened.
  • Independence from the West: Russia is increasingly orienting itself towards Asia and reducing its dependence on Western buyers.

In the face of global uncertainties and Western sanctions, this deal secures Russia's oil industry and provides China with a reliable energy source – a win-win for both sides.

Why do BRICS+ countries benefit?

The energy deal shows that BRICS+ countries are expanding their economic partnerships to act more independently from Western markets. This creates new investment opportunities:

  • Secure raw material supply for growing industries
  • New infrastructure projects for transport and refineries
  • Less currency risk, as many deals are settled in local currencies

Investors could benefit from this geopolitical realignment – energy, infrastructure, and currency diversification are key areas for future investments in BRICS countries.


Geopolitics

Rosneft secures long-term oil deal with China.

Geopolitics

Rosneft secures long-term oil deal with China.

January 29, 2025

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