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The Property of JSC Sibneft-Noyabrskneftegaz Insured for US$600 million

Insurance company of Neftepolis will provide insurance cover for production assets of the Sibneft’s principal oil producing enterprise – JSC Sibneft-Noyabrskneftegaz.

Booster pump stations, preliminary water and gas removal units, oil gathering centers, buildings and other facilities of the enterprise are insured against fire, floods, explosion, natural disasters, third party’s illegal acts and acts of terrorism. Besides, production machinery and equipment are insured against breakdowns and failures.

The insurer’s liability totals over US$600 million.