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LUKOIL and Nenets autonomous district develop cooperation

LUKOIL and Nenets autonomous district develop cooperation

Naryan-Mar, June 2 - Neftegaz.RU. LUKOIL and the Nenets Autonomous District have concluded a supplemental cooperation agreement for 2020. The document sets out major areas of joint activities to promote social and economic development of the region.

LUKOIL will provide financial support to sports, cultural and educational initiatives, youth policy projects, patriotic upbringing and preservation of the indigenous culture of the Arctic ethnic groups. For instance, a unique medical and social project, Krasnyi Chum, designed to support tundra nomads and communities in remote villages, will continue along with other charitable initiatives, including construction of the Russian Arctic Orthodox Education Center in Naryan-Mar.

As part of efforts to fight COVID-19, LUKOIL has provided RUB 20 million to purchase medical devices, drugs and personal protective equipment for healthcare facilities of the Nenets Autonomous District.

The Nenets Autonomous Area is part of the Timan-Pechora oil and gas province that encompasses 2 entities of Russia, the Komi Republic and the Nenets Autonomous Area. This is a region with complicated logistics, remote settlements, and almost inaccessible fields.

LUKOIL started its operations there in 1999. Currently LUKOIL is involved in oil and gas production, petroleum products marketing and transportation in the region. LUKOIL is the largest oil and gas producing company in this area.

The Nenets Autonomous Area has a unique asset of the company: Varandey fixed offshore ice-resistant offloading terminal (FOIROT) that has been registered in the Guinness Book of Records as the world's most northerly offloading terminal.

To read the article in Russian.

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