Partnership Agreement Signed between Gazprom Neft and Ministry of Transport of the Russian Federation

Gazprom Neft and the Ministry of Transport of the Russian Federation concluded an agreement, pursuant to which the parties intend to cooperate in the sphere of production and utilization of new generation road bitumen in Russia (polymer bituminous cementing emulsions and bituminous emulsions).

The Ministry of Transport in consort with Gazrpom Neft will be particularly engaged in enhancing of the system of bituminous materials production using advance technologies, as well as holding activities on bituminous materials and road construction works quality improvement. Besides, the collaboration of the parties will grow with construction of bituminous materials producing units at the sites of intensive road construction in Russia and renovation (modernization) of existing roads.

Chairman of the Management Board of JSC Gazprom Neft Alexander Dyukov stated:
“Being one of the leaders in the sphere of industrial production of up-to-date bituminous materials in Russia, Gazprom Neft boosts and contributes actively to road construction development in Russia. Understanding and support of our initiatives by the profile Department and concluding of a relevant agreement with the Ministry of Transport will allow us to efficiently develop the bituminous business on the basis of up-to-date technologies and contribute to the Russian mains quality improvement”.