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Gazprom Neft and RUSNANO sign letter of intent on joint cooperation in catalyst production

Anatoly Cherner (JSC Gazprom Neft Deputy CEO for Logistics, Processing and Sales), and RUSNANO Deputy CEO Vladimir Avetisyan have taken the opportunity of the St Petersburg International Economic Forum to sign a letter of intent on cooperation in the production of catalysts used in oil refining.

JSC Gazprom Neft Deputy CEO for Logistics, Processing and Sales Anatoly Cherner and RUSNANO Deputy CEO Vladimir Avetisyan

A key objective of this initiative will be to facilitate import substitution of catalysts for catalytic cracking, hydro-treatment and hydro-cracking, through the establishment of cutting-edge production facilities exceeding those currently available worldwide. Catalysts will be produced through the use of technologies developed in conjunction with leading scientific and research institutions in Russia. The existing catalyst production facility at the Gazprom Neft Omsk Refinery currently produces catalysts used in catalytic cracking — one of the most important processes facilitating advanced oil refining.

The first phase of the agreement between RUSNANO and Gazprom Neft envisages the modernisation of current production facilities at the Omsk Refinery, as well as construction of a pilot catalytic cracking facility for the testing of a new generation of catalysers.

Notes for editors

RUSNANO was founded as an open joint stock company in March 2011, through the reorganization of the former Russian Nanotechnologies Corporation. RUSNANO is responsible for the implementation of government policy for the promotion of the nanotechnologies industry, investing in financially effective high-technology projects that guarantee the development of new manufacturing opportunities within the Russian Federation. The company invests in nanotechnology companies directly and through investment funds. Its primary investment focus is in electronics, optoelectronics and telecommunications, healthcare and biotechnology, metallurgy and metalwork, energy, mechanical engineering and instrument making, construction and industrial materials, and chemicals and petrochemicals. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO.

Management of the investment assets of RUSNANO are conducted through a limited liability company established in December 2013, RUSNANO Asset Management. Anatoly Chubais is chairman of its Executive Board.