OREANDA-NEWS. February 17, 2011. NK “RussNeft” and the Government of Khanty-Mansi Autonomous Okrug signed Cooperation Agreement for the year 2011.

In 2011 the Parties are going to continue their joint work implementing important industrial, social, ecological programs in Yugra, which permit to fulfil resource and industrial potential of KhMAO. Thus, in 2011 JSC  NK “RussNeft” and its subsidiaries in KhMAO are planning to produce 6.8 million tons of oil and 1.3 billion cbm of gas.

The volume of investments in 2011 will amount to 6.8. billion rubles. And the special attention of the enterprises of the holding will be aimed  at solution of problems in the field of environment protection and rational use of natural resources at the territory of KhMAO. Thus, the volume of financing of the said programs of NK “RussNeft” will amount to 140 million rubles.

One of the priorities of the oil and gas holding in 2011 will be to continue implementation of measures for rational use of associated petroleum gas. Implementing of these measures will enable the subsidiaries of the holding in KhMAO to reach the level of APG utilization meeting the requirements of federal legislation.

Furthermore the document determines active participation of the holding in implementation of social and charity programs at the territory of KhMAO. In 2011 NK “RussNeft” and its subsidiaries in KhMAO will assign for these purpuses 51 million rubles.

President of NK “RussNeft” Mikhail Gutseriev:

“Mutually profitable cooperation of NK “RussNeft” and KhMAO is built on the basis of business partnership and I am sure, it will become a warranty of successful solutions of industrial and social tasks of the region. Implementation of the Agreement will promote development of social sphere, industrial and scientific potential of the Okrug and strengthen  social stability in KhMAO.”