As part of XXII St. Petersburg International Economic Forum, Rosneft and the Republic of Bashkortostan signed an agreement on cooperation in the development of the social sphere in the region. The document was signed by Igor Sechin, Chief Executive Officer of Rosneft Oil Company, and Rustem Khamitov, Head of Bashkortostan.

The document is a supplement to the Cooperation Agreement that has been in effect since early 2017; it provides for interaction of the parties in terms of the social infrastructure development in the Republic, and also, of the sporting venues in the regions covered by Bashneft operations.

For reference:

Rosneft-Bashkortostan Cooperation Agreement has been in effect since January 2017. The document is aimed at implementation by the parties of industrial, financial and social programs that promote the development of the region.

As part of implementation of the Agreement, the parties are promoting cooperation in a wide range of areas, including culture and ecology.

The most remarkable examples of successful cooperation between the Company and the Republic of Bashkortostan are, among others, the beginning of commercial operation of the key environmental facility, a complex of biological treatment plants Basneft-Ufaneftelhim, and completion of the construction of a versatile ice sports facility, Tuimazy-Arena, with an arera of about 10 000 m2.

Information Policy Division
Rosneft Oil Company
Tel.: + 7 (499) 517-88-97
May 25, 2018

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.

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OJSC Oil Company Rosneft published this content on 25 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 May 2018 09:22:03 UTC