Rosneft and the RF Ministry of Natural Resources enter into a Cooperation Agreement

Press release from Rosneft

Rosneft and the Ministry of Natural Resources and the Environment of the Russian Federation signed a Cooperation Agreement as part of the national “Environment” project activities.

The document was signed by Rosneft CEO Igor Sechin and the RF Minister of Natural Resources Dmitriy Kobylkin.

Building on environmental protection as one of its top priorities as per its Code of Conduct, Rosneft is in action to preserve the biological diversity of species in the regions of its operation. The new Agreement will ensure further cooperation between the signatories in this area.

As part of the Agreement, Rosneft will launch a 4-year corporate program of studying, preserving and monitoring the key species seen as the bioindicators of the sustainability of the Arctic ecosystems, such as: polar bear, Atlantic walrus, reindeer, and ivory gull, an endangered seagull subspecies on the RF Red List. In turn, the RF Ministry of Natural Resources and Environment will provide research, methodological and analytical support of these activities.

The Program’s scope will include comprehensive field and table-top studies of key species in order to obtain up-to-date information on the condition of the species of the Russian Arctic and their migration routes. The objective of the studies is to develop practical solutions for protection and monitoring of the key species to be used for planning of the Company’s business activities in the Arctic.

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Rosneft takes a multi-disciplinary approach to its environmental protection activities, involving oceanology, geology, marine biology, and animal study experts.

The Company has been driving forward a number of programs and projects since 2014 to preserve biological diversity in the regions of its operations: the Evenk Reindeer and the Evenk Geese projects in the Krasnoyarsk Territory, the Siberian Sable project, the programs for studying and preserving the populations of polar bears, walruses, and the Amur tigers. In 2018, the Company initiated a comprehensive research project to study Black Sea dolphins.

In December 2018, the Company announced its public position “Rosneft: contributing to implementation of UN Sustainable Development Goals”, confirming its commitment to higher social and environmental standards.

As part of Rosneft-2022 Strategy, the Company is working to become a leader amongst the world oil and gas companies in reducing its environmental impact and ensuring environmentally friendly operations. Also, the Company strives for joining the first quartile of the world oil and gas companies in terms of its per-unit GHG emissions.

Information Division
Phone: + 7 (499) 517-88-97
January 14, 2020

Date of publication: 14 Jan 2020

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