Sharjah firm in $1.2b deal for export of Russian oil to Europe

A $1.2 billion contract was signed yesterday between the Offices of Sheikh Ahmed bin Mohammed Al Qassimi and ADZ Trading company for the purchase of crude oil and oil products from Russia.

Last updated: July 23, 2019 | 22:39

By A Staff Reporter

1 MIN READ

Sheikh Ahmed bin Saqr and Zeman after signing the contract. ©Gulf News

Get the latest news and updates straight to your inbox

Up Next

Related Stories

Global shipping rates surge to multi-year highs: Why?

3m read

Damage is seen at the scene of a gas explosion in Hayward, Californi, Thursday, Dec. 11, 2025.

US gas explosion rips house apart, hurts 6

2m read

This screen grab from a video posted by US Attorney General Pam Bondi on her X account on December 10, 2025 shows what Bondi says is the execution of "a seizure warrant for a crude oil tanker used to transport sanctioned oil from Venezuela and Iran" off the coast of Venezuela on December 10.

US sanctions 6 ships as pressure on Maduro escalates

2m read

An oil platform operated by Lukoil in the Caspian Sea, Russia.

Russian oil revenue hits lowest level since 2022

2m read