MOSCOW (Bloomberg) -- OAO Rosneft, the world’s biggest publicly traded oil producer by volume, will rely on deals with China to withstand the latest U.S. sanctions against Russia. The state-run company is scheduled to receive $63 billion of advance payments under long-term crude-supply contracts from 2014 to 2018, mostly from the Chinese clients, Andrey Polischuk, an energy analyst at ZAO Raiffeisenbank in Moscow, said by phone.
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Rosneft sanctions will increase reliance on China loans for oil
![Rosneft sanctions will increase reliance on China loans for oil]()
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