OREANDA-NEWS. August 28, 2012. OJSC TNK-Nizhnevartovsk (a TNK-BP subsidiary) will invest 850 million rubles in improving the environmental situation in the region. The funds will go to projects aimed at the environment protection and legacy remediation, reported the press-centre of TNK-BP.

In order to minimize the operational activities impact on the society, TNK-Nizhnevartovsk has been implementing a comprehensive environmental program including nature conservation and environmental renovation measures.

The company is efficient in eliminating the outcomes of the active field development in the Soviet era: at present remediation activities are ongoing on the area of 60 ha, including 30 ha where the work will be completed as early as by the end of 2012. TNK-Nizhnevartovsk increased the legacy remediation investment twofold (up to 62 million rubles) in order to eliminate the contamination from the initial development of the fields. According to the plan, legacy contamination in TNK-Nizhnevartovsk’s fields is to be fully eliminated by the end of 2014.

"This year, TNK-BP has increased the scope of contaminated land remediation work in Khanty-Mansi Autonomous District by 22%. In our view, sustainable development of the company is, first of all, commitment to environmental protection. Our main goal is not just to minimize the operational impact on the environment, but also to restore what was ruined during several decades of commercial development of oil fields in West Siberia. Application of new technologies and open dialogue with experts, ecologists, the society and the administration of the regions are the key factors needed for successful achievement of this goal," Elena Kompasenko, Vice President, HSE, said.