The government of the Republic of Bashkortostan, JSOC Bashneft and OJSC Bashkirnefteprodukt have signed the Agreement on reducing or maintaining the prices on certain types of fuel and lubricants sold to agricultural commodity producers of the Republic of Bashkortostan in 2012. The agreement governs the cooperation of the parties in providing Bashkir agricultural enterprises with motor fuel at lower prices during the period of agricultural work in the amount approved by the Ministry of Agriculture and the Ministry of Energy of the Russian Federation.

Under the agreement, between March and June 2012, OJSC Bashkirnefteprodukt will help Bashkir agricultural enterprises with sowing by providing them with 48.660 thousand tons of diesel fuel and 2 thousand tons of Normal-80 gasoline at reduced prices. We would like to remind that in 2011, Bashneft provided the agricultural producers of the Republic of Bashkortostan with 97.256 thousand tons of diesel fuel and 5.067 thousand tons of Normal-80 gasoline at reduced prices via its marketing subsidiary, OJSC Bashkirnefteprodukt.