Rosneft, Eni sign cooperation agreement, look in oil product supplies to Egypt

Rosneft and Eni have signed an agreement to “broaden cooperation” and possibly include the joint sale of oil product supplies to Egypt, Reuters reports. “Rosneft said the agreement calls for expanded cooperation in hydrocarbon production, refining, marketing and trading, including in the Egyptian Zohr offshore project, where Eni controls 50 percent, Rosneft owns up to 35 percent and BP up to 15 percent. Rosneft also said it had agreed with Eni to look into cooperation in oil refining in Germany.”