November 27, 2019 / 9:56 AM / 12 days ago

Rosneft says Russkoye oilfield starts oil deliveries to pipelines

FILE PHOTO: Christmas and New Year decorations depicting a Russia's Rosneft oil company logo are pictured at the "Biryusinka" toy factory, which has been producing decorations and toys for the festive season since 1942, in Krasnoyarsk, Russia November 29, 2018. REUTERS/Ilya Naymushin

MOSCOW (Reuters) - Russian largest oil producer Rosneft (ROSN.MM) said on Wednesday that its new Russkoye field has started supplies of oil to the domestic pipeline system.

The first oil was delivered to the Zapolyarye-Purpe pipeline system. Rosneft said the target for oil supplies from the field is up to 10 million tonnes per year (200,000 barrels per day).

Rosneft had postponed the launch of the Arctic field in the Yamal peninsula due to its obligation under a global deal aimed at restraining oil production.

Reporting by Anton Kolodyazhnyy; writing by Vladimir Soldatkin; editing by Louise Heavens

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