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Rosneft Supports Indigenous Minorities of the North

17 March 2015

RN-Yuganskneftegaz LLC, a Subsidiary of Rosneft Oil Company, and representatives of indigenous minorities of the North have signed economic agreements on the use of land plots within the areas of the traditional use of natural resources.

The signed agreement states that heads of native lands can coordinate the location of oil production facilities depending on the location of farm buildings, places of worship, field sites, hunting areas, and places for gathering wild plants.

As part of fulfilling the terms of its license agreements, Rosneft OJSC puts significant effort in supporting the indigenous minorities of the North: the Company pays compensation for the use of land plots within the areas of the traditional use of natural resources, and purchases fuel and equipment for conducting commercial farming.

Many years of Yuganskneftegaz’ experience of interaction with indigenous peoples is based on trust, respect, and preservation of their identity. The native lands include 13 license areas of Rosneft located in five regions: Yugansky, Pravdinsky, Maysky, Salymsky, and Priobsky. As of today, 130 families of Khanty are under the care of RN-Yuganskneftegaz, that is, more than 400 representatives of the Northern minorities.

A positive dynamic of the social and economic indicators was detected due to Rosneft’s active support for indigenous minorities.

Note for Editors:

Rosneft Oil Company implements a large-scale charity programme, in which the support for indigenous minorities of the North within the operating regions of the Company takes a prominent place. At that, one of the key tasks is to preserve their unique ethnic cultures and the traditional lifestyle of the Northerners.

RN-Yuganskneftegaz has repeatedly become the champion and prize winner of the Black Gold Yugra competition in the Khanty-Mansi Autonomous District for its support for the identity of the indigenous people and assistance in developing their culture and traditional lifestyle.

Rosneft
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March 17, 2015