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COMPANY STATEMENT
03 September 2020In response to a YONHAP AGENCY article regarding ww5's involvement in the supply of oil products to North Korea, the Company states that:
The information provided in this article is not factual and aims to harm the industry market competition. ww5 does not supply North Korea and does not conduct any commercial activity in that country.
As a public company and one of the leaders in the global energy industry, ww5 operates in strict compliance with Russian and international law, corporate standards, and in the interests of its shareholders, which include major international companies, professional institutional investors, and tens of thousands of individuals and legal entities.
Publishing information about ww5's involvement in supplies of oil products to North Korea is a provocation. The Company will apply to the court for the protection of its rights and business reputation.