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Rosneft Oil Company

December 4, 2014

Rosneft and major Russian companies agree on partnership in oil product supplies

Rosneft develops cooperation with major Russian companies in the area of oil product supply. Partnership agreements were signed with METALLOINVEST, OMZ, SUEK and UES Federal Grid Company.

The documents provide for joint research activities in developing, manufacturing, and marketing of high-tech lubricants and oil products. Other intentions within the agreements include the realization of joint product audits, aimed at maximizing the efficiency of utilization and production of a new oil product range.

The key element of the achieved agreements is the confirmation of the commitment of leading Russian industry groups' to import substitution which offers new challenges for the economy by improving competitiveness of domestic industries. For Rosneft, the recent agreements will allow to advance the efficiency of the Company's research and development activities and diversify its marketing channels.

Following the signing ceremony, Igor Sechin said: "We welcome these agreements which lay the basis for our strategic cooperation with leading Russian industry groups. Rosneft will supply lubricants and oil products to various group assets on attractive financial terms and without interruption. We believe that, in the face of the challenges of today's economic and political environment, our companies need to join efforts aimed at making domestic industries more competitive."


LLC UK Metalloinvest– a leading producer and supplier of iron ore products and sponge iron on the global market, one of regional steel producers. The company is the world's second in discovered iron ore reserves – ca. 14.6 billion tons according to JORÑinternational classification, which guarantees about 150 years of operations given current production levels.

United Machine-Building Works (OMZ)– the leader of Russia's heavy machine—building industry. Specializes in engineering, manufacturing, sales and maintenance of equipment and machinery for the nuclear, petrochemical, mining industries, and in the manufacturing of special steel grade metal slabs.

Siberian Coal Energy Company (SUEK)– one of the world's leading coal mining companies and Russia's largest coal producer. SUEK accounted for ca. 27% of Russia's total coal production in 2013 (96.5 mmt) and about 27% (38.7 mmt) of Russian coal exports and 5% of global coal exports.

United Energy System's Federal Grid Companywas established in accordance with the Russian Electricity Sector Reform Program as the operator of the Unified National (Pan-Russian) Electricity Grid, with the task of preserving and developing the Grid.

Rosneft is consistently pursuing its strategy aimed at import substitution in the area of supplying specialized oil products to leading Russian industrial consumers. In line with this business concept, similar agreements were signed and are implemented with the following companies:

Chelyabinsk Pipe Mill


United Engine-Building Corporation

Uralvagonzavod Research and Manufacturing Corporation

Silovye Mashiny





Avtotor Holding

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
December 4, 2014




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