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Rosneft and the Republic of Ingushetia signed a Cooperation Agreement

16 June 2016

Rosneft Chief executive officer Igor Sechin and the Head of Ingushetia Yunus-Bek Evkurov signed a Cooperation Agreement at the XX St. Petersburg International Economic Forum.

The Agreement is focused on the development of the investment activity in the Republic, implementation of high-performance and innovativive projects, use of energy efficient and environment friendly technologies and provision of consumers in the region with high-quality petroleum products.

Rosneft and the Government of the Republic of Ingushetia intend to cooperate for import substitution of lubricants and special liquids at industrial plants and commercial transport. The parties also agreed to consider implementation of mutually beneficial investment projects to expand the use of motor fuel in the Republic.

Rosneft is actively involved in social and economic development of the Republic of Ingushetia.

In line with the agreements, Rosneft plans to continue its contribution in the social-economic projects of the Republic. In particular, the Company will provide financial assistance to the Republic of Ingushetia in the construction of an ice arena in Magas city and youth cultural and leisure center in Nazran city.

Rosneft Information Division
Tel: + 7 (499) 517-88-97
 16 June 2016

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.

Keywords: Petersburg International Economic Forum