Environmental insurance

 

 As part of the corporate system of voluntary insurance, OJSC “Surgutneftegas” constantly performs voluntary insurance of environmental risks related to the Company’s production activity. The objects of the Company’s voluntary environmental insurance are oil and gas pipelines and other production sites and facilities.

As of today, the Company concluded contracts with a liability limit of more than RUB 146 million. In case of an accident this will allow the Company to direct the said funds to the restoration of environmental resources.

It also should be noted that OJSC “Surgutneftegas” possesses necessary fi-nancial abilities, forces and means for restoration of natural resources which can be damaged in the course of the Company’s business activity.