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

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Keywords: Petersburg International Economic Forum