Rosneft President, Chairman of the Management Board Igor Sechin, Rector of Moscow State Institute of International Relations (University) of the MFA of Russia Anatoly Torkunov, and Director of International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia Valery Salygin signed Cooperation Agreement. The parties agreed to develop basic department of Rosneft ‘Global Energy Policy and Energy Security’ at Moscow State Institute of International Relations (University) of the MFA of Russia and to implement program of personnel training, continuing education, and further training. The agreement particularly stipulates:

organization of target personnel training for Rosneft and its subsidiaries on the basis of International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia;

competitive selection of graduates of International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia for work in Rosneft and its subsidiaries;

recruitment of students to International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia among graduates of Rosneft classes;

participation of Rosneft in support of academic activities at ‘Global Energy Policy and Energy Security’ department at International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia (including internship for students, attraction of leading experts of the Company to courses and additional courses at university);

implementation of specified programs of occupational retraining in MBA format for Rosneft and its subsidiaries top and mid-level managers;

possibility to obtain second higher education as Master’s degree program for employees of Rosneft and its subsidiaries;

implementation of Rosneft corporate scholarships program for the best students of International Institute of Energy Policy and Diplomacy of Moscow State Institute of International Relations (University) of the MFA of Russia.

The parties also agreed upon joint research programs in the region of topical issues of oil and gas complex strategic development, global energy policy and energy security; preparation of expert and analytical materials regarding international practices in the region of innovations, innovative technologies of oil and gas industry. The parties are also planning joint museum and exhibition projects regarding activity of Rosneft.

The parties create a joint working group for development of cooperation as part of this agreement, and for coordination of activities.