Killajoules

Rosneft Launched Pilot Operation at the Severo-Danilovskoe Oil and Gas Condensate Field
Rosneft launched pilot operation at the Severo-Danilovskoe field located within the Danilovsky license area in the north of Irkutsk Region. The field is operated by public joint-stock company Verkhnechonskneftegaz, part of the Rosneft Group. The pilot operation phase will last three years during which three wells will be flow-tested.

State Commission on Reserves Confirmed the Discovery of the Pobeda Field
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well.

Novokuibyshev Refinery Increased Throughput and Oil Products Output over 9 Months
Following the results of work for nine months of 2014, Novokuibyshev Refinery, a part of Samara group of Rosneft refineries, increased output of major oil products compared to the same period of 2013.

Termination of contracts for 2015 Kara Sea Operations
Siem Offshore has received notices of termination from Karmorneftegaz SARL in respect of the seasonal work in Kara Sea for the year 2015 for the two AHTS vessels “Siem Topaz” and “Siem Amethyst” and for the PSV “Siem Pilot”.

According to the contract, an early termination fee is payable.

Karmorneftegaz SARL (Luxembourg) is the joint venture established between Rosneft (66.67%) and ExxonMobil (33.33%) for the project in the Kara Sea.

Rosneft Acquires 16.67% Share in PCK Raffinerie GmbH
Total and Rosneft signed a Term Sheet that envisages the main terms and conditions of the purchase of 16.67% share in a refinery located in Schwedt, Germany (PCK Raffinerie GmbH). The document was signed in Sochi by the Head of Rosneft Igor Sechin and Chief Executive Officer of Total Patrick Pouyanne.

Achinsk Refinery Resumes Output of Commercial Motor Fuels
Achinsk Refinery started shipping high octane gasoline and diesel fuel of the quality no lower than environmental class IV of the Technical Regulations. The Company, therefore, resumed output of commercial motor fuels after the accident that happened on 15 June, 2014.

Rosneft and CNPC Endorse Feasibility Study for Construction of the Tianjin Refinery
The Board of Directors of the PetroChina-Rosneft Orient Petrochemical (Tianjin) Company Ltd (a joint venture of Rosneft and the Chinese National Petroleum Corporation (CNPC)) endorsed the Feasibility Study (FS) for the project to construct the Tianjin refinery as regards the oil refining package at a meeting in Beijing.

Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft
Rosneft and China National Oil & Gas Exploration and Development Corporation (CNPC subsidiary) have signed a framework agreement envisaging the purchase of a 10% share stake in ZAO Vankorneft. The document was signed on the sidelines of the APEC summit.

Pipeline construction begins at Messoyakha fields
CJSC Messoyakhaneftegaz has begun construction of a pressure-pipeline from the Messoyakha fields, located in the north of the Yamalo-Nenetsk Autonomous Okrug, to the Zapolyarye—Purpe pipeline network.

Ryazan refining company started production of Regular-92 gasoline in compliance with Euro-5 standard
Ryazan refining company, a subsidiary of Rosneft, started production of Regular-92 gasoline in compliance with highest ecological standard (Euro-5) of Technical regulations. This new kind of fuel will allow significant decreasing of the influence of motor vehicles on the environment in the regions where the fuel is consumed.