Norilsk Nickel commemorates the first anniversary of its tanker sea-going

MMC Norilsk Nickel (hereinafter, “MMC Norilsk Nickel” or “the Company”) announces that today, the Company commemorates the first anniversary of Yenisey ARC7 ice-class tanker’s sea-going.

Sailing under Russian flag, Yenisey tanker takes freights on the following directions: Arkhangelsk – Dudinka, transporting oil products to satisfy the needs of Norilsk Industrial District (summer/winter/arctic diesel fuel and aviation kerosene); Dudinka – European ports, ensuring export supplies of gas condensate from Pelyatka gas condensate deposit developed by the Company, to Europe.

During Dudinka freight-free periods, the vessel sails in the open freight market, transporting various light oils (petrol, kerosene, gas condensate, a range of diesel fuels).

Within the period from 30.09.2011 till 30.09.2012, Yenisey tanker totally covered 51,200 nautical miles (17 cruises) and transported 219,312 tons of freight.

According to Deputy General Director - Head of Commodity Transport and Logistics Business Unit of MMC Norilsk Nickel Mr. Sergey Buzov, "MMC Norilsk Nickel makes an enormous contribution to Northern Sea Route shipping development by operating the modern Arctic tanker in the Arctic under Russian flag to ensure the transportation of the Company and other owner’s freights. Making part of the Company’s fleet last year, Yenisey tanker guaranteed a steady year-round delivery of oil products to the Norilsk Industrial District and ensuring the existing export supplies of gas condensate to Europe.

Information on Yenisey tanker

Yenisey tanker main technical characteristics are as follows: the vessel is 169 meters long, with a beam of 23.1 meters, shaft capacity of 13,000 kW, and deadweight capacity of 15,000 tons with 9.0 meters winter draft and about 20,000 tons with 10.0 meters summer draft. Azipod propeller engine allows the tanker breaking 1.5 m ice without being escorted by icebreakers (fully autonomous navigation). Furthermore, due to the newest navigation system and bow-maneuvering device, the vessel is able to moor at arduous waters and unequipped port stations, and to carry out cargo logistics all year round.

The vessel complies with all existing international Conventions and requirements of two ship classification societies – the Russian Maritime Register of Shipping, and the Norwegian society Det Norske Veritas.

The vessel is equipped with all types of communication and television. The ship’s crew consists of 20 people. All crew members have an extensive practical experience in operating oil tankers and navigating in Arctic waters.

ABOUT MMC NORILSK NICKEL

MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.

The key production units of the Company’s group in Russia are at the Taymyr and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa.

MMC Norilsk Nickel’s shares are traded at MICEX-RTS. ADR’s on the Company’s shares are traded on the other the counter market in the US and at the London and Berlin stock exchanges.