Rosneft and Barrens Expand Cooperation in the Gas Fuel Sector
Rosneft and Barrens signed cooperation agreement to expand the use of natural gas as motor fuel within the St. Petersburg International Economic Forum.
Development of the car gas-filling compressor stations network in Russia is one of the key priorities of Rosneft’s strategy in retail business. Use of the liquefied natural gas as the motor fuel allows the consumers to boost the maximal mileage for one gas-tank and considerably cut the negative impact of the motor transport on the environment.
The signed document provides for implementation of joint technical and economic research for infrastructure construction. The companies also agreed to estimate construction of Rosneft’s filling stations using Barrens technologies. The companies will set up working groups to coordinate this activity.
The signed agreements will synchronize the efforts made by Rosneft and Barrens to expand the use of natural gas as a motor fuel.
|
Notes for editors: The signed agreement is a logical step in line with the orders voiced by the President of Russia and Russian Government, which required implementation of the complex of measures focused on enhancement of energy efficiency through expanding use of gas as motor fuel. Rosneft signed a range of agreements for cooperation with the territorial entities of the Russian Federation in the area of expanding use of gas as motor fuel. The agreements aimed at development of the gas motor fuel market were also signed with the leading Russian car manufacturers. |
Rosneft Information Division
Tel.: + 7 499 517-8897
June 18, 2015
These materials contain statements about future events and expectations that are forward-looking. Any statement in these materials which is not information for prior accounting periods is an expectation and related to known and unknown risks, uncertainties or other factors, which can make the actual results, performance or achievements differ substantially from those anticipated and implied in these forward-looking statements directly or indirectly. We assume no obligation to update the data contained herein, to reflect actual results, changes in assumptions or factors affecting these statements.