Zarubezhneft entered TOP-10 state-owned payers of dividends to the budget of the Russian Federation

Zarubezhneft entered TOP-10 state-owned payers of dividends to the budget of the Russian Federation

On September 27, the Accounts Chamber presented an opinion on the report prepared by the Government of the Russian Federation on the implementation of the federal budget for 2020. In accordance with this opinion, Zarubezhneft entered the TOP-10 of state-owned companies in terms of dividend payments in 2020, having transferred dividends in the amount of 6.7 billion rubles to the budget of the Russian Federation.

Of the total amount of income received in the form of profit attributable to shares in the authorized capital of business partnerships and companies, or dividends on shares owned by the Russian Federation, 416,624.0 million rubles, or 98.9% of the total amount of these incomes, were received from 14 largest joint stock companies. Despite the deterioration of the macroeconomic situation in 2020, Zarubezhneft is increasing the amount of dividends compared to 2019, which was not achieved by the 8 largest companies from the TOP-14. In addition, Zarubezhneft once again used 50% of its 2019 net profit to pay dividends.

The significance of the achieved result is emphasized by the fact that the calculation of Russian Federation budget dividend income in 2020 included payments of 1,465 state-owned companies. Thus, the 9th position of Zarubezhneft in the rating confirms the effectiveness of the company's constant focus on improving the economic efficiency.

President of Vietnam visited the office of Zarubezhneft to meet the veterans of Vietsovpetro

President of Vietnam visited the office of Zarubezhneft to meet the veterans of Vietsovpetro
  • Today the President of the Socialist Republic of Vietnam, Nguyen Xuan Phuc, visited the office of Zarubezhneft on the occasion of the 40th anniversary of cooperation between two state-owned companies - Zarubezhneft and Petrovietnam. Veterans who participated in the establishment and development of the key enterprise of the oil and gas industry in Vietnam, JV Vietsovpetro, came to the meeting with the President. The event was attended by Vladimir Stepanovich Vovk, who played significant part in the history of the legendary White Tiger field offshore Southern Vietnam. He held the position of General Director of JV Vietsovpetro from 1988 to 1992, witnessing and participating in the emergence and active growth of Vietsovpetro. The Vietsovpetro veteran Evgeniy Vladimirovich Krupenko, who had worked in the joint venture for 20 years, also addressed the President of Vietnam. He arrived in Vietnam in July 1993 as the master of the offshore fixed platform and later became the deputy chief engineer of Vietsovpetro. During this period, there was an intensive development of production facilities of the White Tiger and Dragon fields, as well as an increase in the rate of oil and gas production. The veterans noted that despite their work in the most difficult living and production conditions, they recall the times of their work in Vietnam with warmth and gratitude and hope to see their Vietnamese colleagues. The President of Vietnam thanked the veterans for their invaluable contribution to the development of not only the joint venture, but also the whole national industry of the country. The meeting was also attended by Anastasia Bondarenko, Deputy Minister of Energy of the Russian Federation, who noted the high importance of Russian-Vietnamese cooperation in the area of energy, the need for its development, including new directions, taking into account global trends. The Deputy Minister expressed the opinion that the joint venture is the result of not only industrial cooperation, but also a real feat for the sake of friendship and well-being of Russia and Vietnam. At the closing of the event, the Chairman of the Board of Directors, Yevgeniy Murov, and the General Director of Zarubezhneft, Sergey Kudryashov, were honored with the state award of the Socialist Republic of Vietnam - the Order of Friendship - awarded personally by the President of Vietnam. Meeting with veterans of JV Vietsovpetro completed the official program of the visit of the Vietnamese delegation. The parties expressed confidence in the successful development of cooperation, since they managed to discuss the issues most important for the project.