Rosneft Opens International Center for R&D in Qatar

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Rosneft has opened an office of the International Center for Research and Development in Qatar. which will become a full-scale representative office of the Company. performing along with scientific and technical activities. and also functions to promote various business areas of the Company in the region.

The agreement to open the center was signed during the visit of the CEO of Rosneft Igor Sechin to Doha. International Research and Development Center will work at Qatar Science and Technology Park (QSTP). a member of Qatar Foundation (QF).

QSTP is one of the world`s leading science incubators providing a unique economic environment for enterprises engaged in the development and implementation of new technologies. including those in the energy sector

In light of Rosneft’s strategic objectives related to petroleum and gas chemistry technologies development. the Rosneft R&amp.D Center will develop innovative solutions for the production of engineering plastics and gas processing. as well as the creation of new catalysts. polymers and oils. Studies in the field of integrated geological and engineering software. and 3D designing and modeling in refining and petrochemistry will be key focus areas. Cooperation will also be carried out in the field of shipbuilding. including the possibility of a joint project for the construction of ships and the creation of equipment at the Zvezda shipyard.

One of the areas of cooperation between Rosneft and the QF will be the joint financing of high-priority Russian and international research projects including the capability of venture funding. In addition. the partners will collaborate in the field of oil and gas education with the aim of integrating the two scientific and educational schools–Russian and international. As part of cooperation. the parties will promote the development of modern innovative technologies. as well as scientific and technological exchange between the two countries.