During the ХIV Eurasian Economic Forum in Verona, Rosneft and Trafigura Pte Ltd signed a cooperation agreement to arrange an independent assessment of greenhouse gas emissions across the Company's crude oil supply chain. Under the terms of the Agreement, the companies will work together to secure independent calculation of Rosneft’s carbon footprint from production sites to three Russian export ports: Novorossiysk, Primorsk and Ust-Luga. In 2020, shipments through these ports accounted for about 20% of Rosneft's total oil exports.Independent verification will be conducted by a third-party appraiser using global best practices and generally recognized methodologies. This will provide purchasers with verified data on the carbon intensity of the Company's export oil, which is transshipped through the ports of Novorossiysk, Primorsk and Ust-Luga. According to preliminary estimates, the carbon intensity of the Company's supply to European markets is about 20 kg / boe, which is one of the best indicators in the oil and gas industry.Rosneft and Trafigura also intend to identify projects to reduce greenhouse gas emissions across the entire value chain of Urals crude oil.
During the ХIV Eurasian Economic Forum in Verona, Rosneft and Trafigura Pte Ltd signed a cooperation agreement to arrange an independent assessment of greenhouse gas emissions across the Company's crude oil supply chain. Under the terms of the Agreement, the companies will work together to secure independent calculation of Rosneft’s carbon footprint from production sites to three Russian export ports: Novorossiysk, Primorsk and Ust-Luga. In 2020, shipments through these ports accounted for about 20% of Rosneft's total oil exports.Independent verification will be conducted by a third-party appraiser using global best practices and generally recognized methodologies. This will provide purchasers with verified data on the carbon intensity of the Company's export oil, which is transshipped through the ports of Novorossiysk, Primorsk and Ust-Luga. According to preliminary estimates, the carbon intensity of the Company's supply to European markets is about 20 kg / boe, which is one of the best indicators in the oil and gas industry.Rosneft and Trafigura also intend to identify projects to reduce greenhouse gas emissions across the entire value chain of Urals crude oil.