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Rosneft and the Ministry of Natural Resources Sign Agreement

Gasoil News - Published on Mon, 20 Jan 2020

Image Source: Rosneft
Rosneft and the Ministry of Natural Resources and the Environment of the Russian Federation signed a Cooperation Agreement as part of the national Environment project activities. The document was signed by Rosneft CEO Igor Sechin and the RF Minister of Natural Resources Dmitriy Kobylkin. Building on environmental protection as one of its top priorities as per its Code of Conduct, Rosneft is in action to preserve the biological diversity of species in the regions of its operation. The new Agreement will ensure further cooperation between the signatories in this area.

As part of the Agreement, Rosneft will launch a 4-year corporate program of studying, preserving and monitoring the key species seen as the bioindicators of the sustainability of the Arctic ecosystems, such as: polar bear, Atlantic walrus, reindeer, and ivory gull, an endangered seagull subspecies on the RF Red List. In turn, the RF Ministry of Natural Resources and Environment will provide research, methodological and analytical support of these activities.

The Program’s scope will include comprehensive field and table-top studies of key species in order to obtain up-to-date information on the condition of the species of the Russian Arctic and their migration routes. The objective of the studies is to develop practical solutions for protection and monitoring of the key species to be used for planning of the Company’s business activities in the Arctic.

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Posted By : Yogender Pancholi on Mon, 20 Jan 2020
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