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Rosneft and Chinese Hengli Group signed a Cooperation Agreement

29 November 2018

Rosneft Oil Company and Chinese Hengli Group signed a cooperation agreement as part of the first Russian-Chinese energy business forum. The document was signed by Igor Sechin, Chief Executive Officer of Rosneft Oil Company, and Chen Jianhua, President of Hengli Group.

The agreement provides for potential cooperation of the parties on promising projects in oil and gas field exploration and production, oil refining and petrochemical projects in the Russian Federation and in China, as well as trading oil and petrochemical products.

In order to coordinate interaction, Rosneft and Hengli Group will establish a task force for analyzing potential joint projects and evaluating their commercial efficiency.

Rosneft Information Division
Tel.: +7 (495) 411 54 20
Fax: +7 (495) 411 54 21
November 29, 2018

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.