October 22, 2019 / 2:40 PM / a month ago

Rosneft sells contaminated oil to Vitol at more than $25/bbl discount -trade

MOSCOW, Oct 22 (Reuters) - Rosneft Trading SA, a subsidiary of Russian oil producer Rosneft, has sold a 100,000 tonne cargo of contaminated oil to energy trader Vitol with a discount of more than $25 per barrel to dated Brent, traders said on Tuesday.

The hefty discount is far more than Russian pipeline monopoly Transneft's offer of $15 per barrel to compensate for the excessive organic chloride content in oil.

Reporting by Gleb Gorodyankin; writing by Vladimir Soldatkin; editing by Jason Neely

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