Russian Federation will present Urals in London as reference oil

The domestic export brand of oil of Urals will be presented on November 7 in London as a marker grade, the first vice-president reported JOINT-STOCK COMPANY "SPBMTSB" Mikhail Nikolaevich Temnichenko. Within presentation in London discussion of conditions of deliveries on future contracts is planned for the Russian export oil. It is supposed that deliveries will be carried out on the terms of Free on Board (FOB) through Prymorsk.