Rosneft Delegation Led Negotiations in Mozambique

As a follow-up of agreements of 22 April 2014 established during the meeting of Rosneft President Igor Sechin and Minister for Foreign Affairs and Co-operation of the Republic of Mozambique Oldemiro Julio Marques Baloi, Rosneft delegation consisting of a number of field-oriented top managers undertook a working visit to the Republic of Mozambique 22-23 April 2014.

During the visit the Company delegation also held meetings in Maputo with the head of National Oil Company of Mozambique ENH (Empresa Nacional de Hidrocarbonetos de Mocambique) Nelson Ocuane and administration of the National Petroleum Institute INP (Instituto Nacional de Petróleo). During these meeting the parties discussed prospects for the participation in the production projects in Mozambique.