OREANDA-NEWS. February 04, 2013. TNK-BP informs that in 2013 it will invest over 145 mln rubles in social and charity projects in the Orenburg region. In accordance with the agreement on socio-economic cooperation with the regional Government, the money will be used to build or recondition social facilities, support youth movements and organizations working with children, and implement healthcare, cultural and sports projects, reported the press-centre of TNK-BP.

TNK-BP works in close interaction with the administrations of all the regions of its presence. Every year the Company establishes agreements on social and economic cooperation envisaging investments in social projects in the most important areas. In 2012, TNK-BP spent a total of about USD60 mln on social investments.

TNK-BP is one of the major taxpayers in the Orenburg region. In 2012, the taxes paid by local TNK-BP companies to the regional budget amounted to 13.6 bn rubles; inclusive of the duties, payments to budgets of all levels exceeded 200 bn rubles.

"We have established reliable partnership relations with the Orenburg region. For many years, our close cooperation enables efficient fulfillment and even over fulfillment of the socio-economic cooperation agreement. The social responsibility of the Company, as we understand it, is first of all the development of the regional economy, creation of jobs, full and timely payment of taxes. At the same time TNK-BP appreciates the importance of developing such social spheres as culture, sports, science and education. Therefore, investments in these focus areas and providing support to local authorities are an essential part of the Company's activities in the region," said Oleg Dimov, TNK-BP Vice President, Branch Director, "TNK-BP Orenburg".