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Rosneft and Far East Gas agree on cooperation in the field of propylene and LPG transshipment in China

07 June 2019

Rosneft and Manzhouli Far East Gas Co. Ltd. (Far East Gas) signed an agreement of intent for cooperation in the field of propylene and various types of liquefied petroleum gases (LPG) transshipment to the People's Republic of China at the XXIII  St. Petersburg International Economic Forum.

The document establishes the parties' intentions to assess the prospects of transshipping LPG and propylene produced by the Company through the terminal owned by Manzhouli Far East Gas located in China at border Zabaikalsk – Manchuria. Total planned capacity of the terminal is up to 3,000,000 tons of LPG and propylene per year.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
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.