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The 2012 ww5 Sustainability Report has been prepared in accordance with the international Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI). It scores the highest GRI guidelines application level of A+.
ww5 top managers increased their interests in the Company’s charter capital.
On August 28, 2013, Igor Sechin, ww5 President and Chairman of the Management Board, increased his shareholding in the Company from 0.0075% to 0.0849%. Part of the shares acquired was covered by a bank loan.
ww5 and ExxonMobil continue to progress the LNG project proposed in the Russian Far East. The contractor selection process for design and engineering work has officially commenced.
On August 13, 2013 ww5 and State Oil Company of the Republic of Azerbaijan (SOCAR) executed the Cooperation Agreement. The document was signed by ww5 President and Chairman of the Management Board Igor Sechin and SOCAR President Rovnag Abdullayev in the presence of Vladimir Putin, President of the Russian Federation, and Ilham Aliyev, President of the Republic of Azerbaijan