Russian Rosneft, Greek Hellenic Petroleum Sign Agreement on Oil Supplies

© Sputnik / Alexandr Demyanchuk / Go to the mediabankThe Rosneft pavilion at the 2015 St. Petersburg International Economic Forum
The Rosneft pavilion at the 2015 St. Petersburg International Economic Forum - Sputnik International
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Russia's state-run Rosneft oil company and Greece's Hellenic Petroleum signed on Friday an agreement on key conditions for the supply of Russian crude to Greece and the trading of oil products.

ATHENS (Sputnik) — The agreement was signed by Rosneft President Igor Sechin and Hellenic Petroleum CEO Grigoris Stergioulis on the sidelines of Russian President Vladimir Putin's current visit to Greece.

Greek Prime Minister Alexis Tsipras meets with president of Greek republic, Prokopis Pavlopoulos (not pictured) at the presidental palace in Athens on August 20, 2015 - Sputnik International
Key Deal Between Rosneft, Hellenic Petroleum to Be Signed Friday – Tsipras

Earlier, Russian presidential aide Yuri Ushakov stressed that Russia-Greece bilateral trade decreased by 34 percent to $2.75 billion in 2015 because of currency rate fluctuations, sanctions against Russia and the Russian food embargo.

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