OREANDA-NEWS. "Zarubezhneft" JSC signed its second deal at Saint-Petersburg International Mercantile Exchange (SPIMEX) and sold at the domestic market 40 000 tons of crude oil from the resources of RUSVIETPETRO.

Subsidiary company of "Zarubezhneft" JSC – "Zarnestservis" LLC – acted as the seller. Three deals were signed in total. Bidding was conducted in mode of bilateral opposite auction.

Transfer of oil trading to exchange technologies on the regular basis is aimed at improvement of operating efficiency of Zarubezhneft in the segment of oil trading and securing transparency of the deals.

Therefore Zarubezhneft became the first Russian oil company which started trading crude oil at the exchange.