The oil refinery operation is regulated by the highest standards of industrial, fire and occupational safety. That is why our company has developed a package of measures aimed to prevention and isolation of contingency situations and mitigation the consequences thereof; the implementation of these measures reduces the risks both for the personnel of Yurskneft and the community.
The Company recognises the importance of good corporate governance in building a world-class Russian company and over time achieving a level of performance comparable to that of our international peers. As a result, corporate governance is viewed as a key driver for improving our performance and investor attractiveness, strengthening our business reputation, increasing Company value and ultimately resulting in improved financial returns for all of our shareholders. The Company’s corporate governance system is based on the following principles: