OREANDA-NEWS. Starting in 2007 Gazprom Neft will sell all oil and petrochemistry products on tender basis.

Tender system is intended to help the company achieving maximum efficiency of buy and sells transactions and will achieve principle of resource availability for counterparties.

The approach of offering oil products through tender systems is successfully used by many oil-companies in the world, because it makes the competitive bidding process open and transparent and also reduces corruption and reputation risks.