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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Public Joint Stock Company Rosneft Oil Company    ROSN

PUBLIC JOINT STOCK COMPANY ROSNEFT OIL COMPANY

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Public Joint Stock Rosneft Oil : RN-Vankor Releases over 250,000 Red-Listed Siberian Sturgeon Fry into Yenisei River

10/21/2020 | 02:55am EST

RN-Vankor, a part of Rosneft Oil Company's production complex, has released over 250,000 Siberian sturgeon fry into the Yenisei River. The Siberian sturgeon is a valuable, red-listed fish. This amount of sturgeon was released in the Yenisei for the first time. Previously, RN-Vankor had already replenished Siberian reservoirs not only with young sturgeons but also with other valuable species of fish--whitefish and peled.

One of Rosneft's strategy key priorities in all business areas is ecology and environment. According to the Rosneft-2022 Strategy, the Company is determined to gain the world industry leadership in the safety and environment.

RN-Vankor is implementing a set of measures to introduce advanced conservation technologies that help preserve biological resources and their habitat. Caring for the prosperity of aquatic ecosystems is one of the priorities of the Company's environmental policy. The large lot of valuable fish released into the natural environment is the contribution of Vankor oilmen to biodiversity conservation in the lower reaches of the Yenisei River.

The young sturgeons grown on request of RN-Vankor by local fish hatcheries were released into the river near the towns of Dudinka and Yeniseisk. According to ichthyologists, this is where fry adaptation is most favourable.

The entire scope of work is carried out in cooperation with the Yenisei branch of Glavrybvod, which is engaged in the artificial reproduction of young aquatic life resources in order to maintain the number of valuable and particularly valuable fish species exposed to human influence and economic activities.

The number of Siberian sturgeon inhabiting only the Yenisei River has fallen sharply in recent years due to anthropogenic impacts, unsustainable fishing and poaching. Recurrent bans on sturgeon fishing had failed to improve the situation, and the species was listed in the Red Book. The addition of young sturgeon to the lower reaches of the Yenisei River will help to preserve the population.

Note for Editors:

RN-Vankor LLC is an operator on development of the Vankor cluster including Vankor, Suzun, Tagul and Lodochnoye fields located in Turukhansk and Taymyr Districts in the north of the Krasnoyarsk Territory.

Rosneft
Information Division
October 16, 2020

Disclaimer

OJSC Oil Company Rosneft published this content on 16 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 06:54:03 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 75 948 M - -
Net income 2020 -87,1 M - -
Net Debt 2020 52 784 M - -
P/E ratio 2020 -156x
Yield 2020 0,08%
Capitalization 58 633 M 58 633 M -
EV / Sales 2020 1,47x
EV / Sales 2021 1,22x
Nbr of Employees 335 000
Free-Float 11,2%
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 6,03 $
Last Close Price 6,17 $
Spread / Highest target 21,5%
Spread / Average Target -2,25%
Spread / Lowest Target -27,1%
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Igor Ivanovich Sechin Chairman-Management Board & Deputy Chairman
Gerhard Schroeder Chairman
Petr Ivanovich Lazarev Finance Director
Artur Matthias Warnig Deputy Chairman
Robert W. Dudley Non-Executive Director
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