Igor Sechin held talks on development of cooperation with China

Chairman of Rosneft Management Board Igor Sechin and Vice Premier of the State Council of China Zhang Gaoli discussed cooperation development between the Company and its Chinese partners during a meeting at the St. Petersburg International Economic Forum.

Earlier at SPIEF, Rosneft and China’s CIMC Enric Holdings signed a cooperation agreement aiming at expanding use of gas as motor fuel. The signed document provides for implementation of joint technical and economic research for construction of infrastructure that will allow using natural gas as motor fuel in Russian Federation as well as switching the vehicle park to this type of fuel. The companies also agreed to estimate the possibilities of construction of Rosneft’s filling stations using technologies of CIMC Enric Holdings.

China and Chinese oil and gas companies are the most important partners for Rosneft in its operational activity. Cooperation of Rosneft and CNPC has integrated and strategic nature and has been systematically developed since 2009. Joint production projects with Sinopec are showing good results. Cooperation in oil supplies is a promising area of partnership development for Rosneft and Sinopec.

After the talks Igor Sechin said: “Rosneft welcomes the interest of Chinese companies to expand our partnership. Expanding the scope and geography of cooperation with Chinese partners as well as development of new areas of cooperation are the Company’s priorities”.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
June 19, 2015