Russian state-owned oil giant Rosneft signed a partnership with the countrys largest auto maker, Avtovaz, which includes factory fill, industrial lubes supply, and research and development.
Under the deal, signed by Rosnefts head Igor Sechin and Avtovazs president Bo Inge Andersson, Rosneft will supply its line of products to Avtovaz. The deal is related to supply of Rosneft factory fill lubes and supply of finished products for Avtovazs industrial equipment and machines, according to Rosnefts Aug. 28 news release. In addition, both companies pledge to work together on research and development of lubricants.
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