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    ROSN   US67812M2070

ROSNEFT OIL COMPANY

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Rosneft Oil : Angarsk Petrochemical Company Begins Production of Medical Oxygen

11/19/2021 EST

Angarsk Petrochemical Company, an enterprise of Rosneft Oil Company's oil refining and petrochemical complex, has started producing liquid medical oxygen, the demand for which has increased in medical facilities in the region amid the coronavirus pandemic.

The first batch of medical oxygen is intended for the Angarsk Perinatal Centre. Angarsk Petrochemical Company plans to expand the range of medical oxygen consumers and is currently negotiating with the region's other relevant institutions to supply the new product.

The quality of medical oxygen is monitored by specialists from the in-house quality control centre. The multi-stage quality control at each production stage provides for a high-purity product of at least 99.5 % oxygen.

The enterprise has secured a licence for the new product from the Russian Ministry of Health and the Ministry of Industry and Trade within a short period of time. Medical oxygen is included in the State Register of Medicines.

Angarsk Petrochemical Company has upgraded its nitrogen and oxygen unit in order to make the new product. The enterprise assembled an additional process line with a new liquid oxygen manifold and storage tanks for cryogenic products. Oxygen is produced by separating air using the deep-cold method.

In addition to medical oxygen, Angarsk Petrochemical Company also produces industrial and gaseous oxygen.

Note for Editors:

Angarsk Petrochemical Company, a subsidiary of Rosneft Oil Company, is the largest Eastern-Siberian producer of petroleum and petrochemical products.

The product range comprises more than 270 items, including petrol, diesel fuel, oils, bitumen, jet fuel, butyl alcohols, sulphuric acid, etc. Products of the enterprise are both marketed domestically and exported.

Rosneft
Information Division
November 19, 2021

Disclaimer

OJSC Oil Company Rosneft published this content on 19 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 12:59:01 UTC.


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Sales 2021 116 B - -
Net income 2021 13 505 M - -
Net Debt 2021 44 615 M - -
P/E ratio 2021 4,58x
Yield 2021 8,96%
Capitalization 64 028 M 64 028 M -
EV / Sales 2021 0,94x
EV / Sales 2022 0,82x
Nbr of Employees 335 000
Free-Float 11,8%
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Number of Analysts 11
Last Close Price 6,74 $
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Spread / Average Target 57,9%
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Managers and Directors
Igor Ivanovich Sechin Deputy Chairman, President & CEO
Petr Ivanovich Lazarev Finance Director
Gerhard Schroeder Chairman
Artur Matthias Warnig Deputy Chairman
Hans-J÷rg Rudloff Independent Director
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