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Rosneft and SUEZ Groupe SAS will consider the creation of a joint venture

07 June 2019

During the XXIII St. Petersburg International Economic Forum, Rosneft and SUEZ Groupe SAS signed an agreement of intent to implement a joint project in the area of rational and sustainable resource management.

The document provides the procedure of actions aimed at creating a joint venture that will accumulate competencies, technologies, knowledge and experience in the field of water supply and drainage, transfer and localization of advanced wastewater treatment technologies.

Rosneft and SUEZ Groupe SAS consistently implement the agreements set forth in the Strategic Cooperation Agreement signed during the St. Petersburg International Economic Forum held in 2018. The implementation of the new agreement will allow the Company to expand its competences in the design of water treatment plants and purification facilities equipped with digital remote monitoring technologies.

For reference:

SUEZ is a global leader in rational and sustainable resource management. The company provides after-sales service for Bashneft-Ufaneftekhim, the largest biological treatment facilities. The project of Bashneft biological treatment facilities reconstruction is one of the eight key investment projects focused on environmental protection being implemented by Rosneft within the framework of cooperation with public authorities. The facility rated for 84,000 cubic meters per day is unparalleled both in Russia and in the countries of Eurasia.

The design throughput of the facility (more than 3,500 m³ / hour) is rated to accept all industrial, stormwater and domestic wastewater of not only Bashneft refinery, but also 66 other enterprises of the Northern industrial hub of Ufa, considers the future development of the plants and can withstand the flood period of time.

Information Division
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07 June 2019

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.