Rosneft and Alltech Group Agreed on Updated Commercial Parameters of the Deal
Rosneft and Alltech Group signed updated commercial parameters for cooperation on the project of the gas fields’ development in the Nenets Autonomous District. The documents were signed by Chairman of Rosneft Management Board Igor Sechin and Alltech Group President Dmitry Bosov.
These agreements follow the framework agreement signed in 2014. The parties decided to update a range of the deal’s conditions due to significant change of macroeconomic parameters affecting the implementation of the project.
Rosneft Information Division
Tel.: +7 (499) 517-88-97
June 18, 2015
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 re-flect actual results, changes in assumptions or changes in factors affecting these statements.