Rosneft President Igor Sechin and People’s Minister for Energy & Petroleum, PDVSA President Rafael Ramirez signed an agreement to arrange the training of citizens of the Bolivarian Republic of Venezuela in Rosneft partner universities.

The document was signed in Caracas during the visit of Igor Sechin to Venezuela. As part of the agreement, Rosneft will consider the possibility to cover training, accommodation costs and scholarships for graduates of Venezuelan educational establishments, who take part in the program. The Company also intends to cover insurance costs, costs of travels to the place of training and back, and to address immigration formalities. In particular, Rosneft proposes to arrange the training of Venezuelan citizens in the Russia State Oil and Gas University named after I.M. Gubkin in Moscow.

Commenting on the agreement signed, Igor Sechin said, «Rosneft will continue to implement projects aimed at strengthening ties between Russia and Venezuela. I am confident that the Company universities are able to train highly skilled specialists for petroleum industry».

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
29 July 2014

These materials contain statements regarding future events and expectations that in essence are the forward-looking statements. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.