Rosneft Was Recognized as a Leader in Contribution to Environmental Protection Measures
Rosneft won international public award The Tree of Ecology in the category of ‘Company leader in contribution to environmental protection measures’ during the celebration of world environment day, the Ecologist Day, and a 10th anniversary of Federal Service for Supervision of Nature Resources in Grand Kremlin Palace.
The event organized by Federal Service for Supervision of Natural Resource Usage and Environment Protection Fund ‘Nature’ brought together officials, members of Russian Academy of Sciences, leaders of environmental non-governmental organizations.
In the 2009-2014 timeframe, cumulative costs of Rosneft on environmental protection measures amounted to 125 billion rubles. In the 2014-2018 timeframe, the Company is planning to double expenses to 250 billion rubles (74 billion of which will be allocated for direct measures intended for nature protection purposes). Despite focused ecological program implemented by Rosneft, and liquidation program of accumulated natural environment damages, green projects will be sponsored under gas program and pipelines reliability improvement program.
Notes for Editors:
Rosneft is the largest user of subsurface resources on the Arctic shelf, and special attention of the Company will be given to preservation and protection of polar ecosystems. In 2013, Rosneft and its key shelf partners ExxonMobil, Statoil, and Eni signed Declaration on Protection of the Environment and Biodiversity for Exploration and Development of Mineral Resources on the Russian Arctic Continental Shelf. Since 2013, the Company has been a member of non-profit partnership ‘Russian National Committee for United Nations Environment Programme’
Under implementation of its shelf projects, Rosneft is planning to carry out state-of-the-environment assessment in the northern seas and in the adjacent territories on a regular basis. Environment impact assessment will become one of the key areas of the Arctic Research and Design Center for Offshore Developments created in 2012 by Rosneft and ExxonMobil.
Rosneft Information Division
June 11, 2014
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