Gazprom Neft moving oil trading from Vienna back to Russia

(Reuters) by Denis Pinchuk – The oil arm of Russian gas giant Gazprom, Gazprom Neft, said on Wednesday it was moving its oil trading operations from Austria’s capital of Vienna to Russia‘s second largest city of St Petersburg. It said the decision was designed to “improve efficiency” and added it was not planning to close its Vienna offices completely.  

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Source: CTRM Center

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