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Rosneft and Yugra enter into a new Cooperation Agreement

07 June 2019

Igor Sechin, Chief Executive Officer of Rosneft, and Natalya Komarova, Governor of Khanty-Mansi Autonomous District – Yugra at the XXIII St. Petersburg International Economic Forum signed new Cooperation Agreement for 2019-2023 between the Government of the autonomous district and the Company.

The agreement implies cooperation of the parties in implementation of social and economic programs facilitating the integrated development of Khanty-Mansi Autonomous District – Yugra, creation of favorable economic, legal and organizational conditions for the business of the companies in the district and for implementation of strategic projects including the development of Erginsky oilfield cluster.

Another important area of cooperation will be the implementation of innovations and advanced technologies in oil and gas production. The parties also intend to interact in the field of energy saving and energy efficiency improvement, in the nature preservation, preservation and restoring of biological resources of the region.

For reference:

Rosneft's largest producing subsidiaries operate in the Autonomous District: RN-Yuganskneftegaz, Samotlorneftegaz, RN-Nyaganneftegaz, Nizhnevartovsk Oil and Gas Producing Company, Tyumenneftegaz, Varyoganneftegaz, Tomskneft. The Company also created a new production cluster in the region - Erginsky, where the first millionth ton was produced in August 2018. Furthermore, servicing, sales, and logistics entities of Rosneft also operate in the region.

The previous Cooperation Agreement was signed between the Company and District in 2014. A number of significant social and economic projects were implemented under this Agreement.

 

Information Division
Rosneft Oil Company
tel.: + 7 (499) 517-88-97
7
June 2019

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.