Interaction with stakeholders

In implementing its projects, Zarubezhneft JSC seeks to interact with all stakeholders in order to maintain and improve constructive relations. Zarubezhneft’s subsidiary LLC “JC “RUSVIETPETRO” and the Administration of the Nenets Autonomous Area have an agreement No.392-99 dated May 21, 1999 on the joint stock company’s participation in the economic and social development of NAA stipulating and fixing specific areas and scopes of the Company’s investments into the region’s social infrastructure.

Since 2017, ZARUBEZHNEFT-Dobycha Kharyaga LLC has been implementing methodologic guidelines for conduct in the areas of the traditional use of natural resources by the native indigenous peoples of the North. To improve the Company’s transparency to stakeholders, team-headquarters training exercises (THE) for emergency oil spill response in winter conditions were held at the Kharyaga Field on December 6, 2018. One of the purposes of THE was to test the readiness and practices of the volunteer emergency response team of ZARUBEZHNEFT-Dobycha Kharyaga LLC in adverse weather conditions during the winter period. The Company has clearly shown its commitment to minimizing the risk of oil spills and to ensuring environment protection. Representatives of the NAA Reindeer Breeders Union and the regional community association Yasavey Nenets People Association were among the invited guests.