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Cooperation Agreement Between Gazprom and Khanty

Source: www.gulfoilandgas.com 2/22/2011, Location: Asia

Gazprom headquarters Alexey Miller, Chairman of the Company's Management Committee and Natalia Komarova, Governor of the Khanty-Mansiysk Autonomous Okrug Yugra signed the Cooperation Agreement for 20112013.

The Agreement sets forth the key areas of bilateral cooperation, including provision of uninterrupted gas supply to the regional consumers in the agreed amount, development of the regional gas transmission system, implementation of energy saving technologies.

Gazprom and the Khanty-Mansiysk Autonomous Okrug Yugra will implement programs to expand utilization of natural, compressed and liquefied gas in autonomous gasification as well as compressed natural gas utilization as a motor fuel, convert gas-fired boiler houses to the combined heat and power generation cycle and recover waste heat at gas pumping units.

The Government of the Khanty-Mansiysk Autonomous Okrug Yugra will further adoption of regional laws envisaging tax preferences for the organizations involved in investment and innovation projects on the regional fuel and energy complex development.

Gazprom will ensure timely natural gas delivery to the regional consumers and consider the possibility of fuels and lubricants supply. The Company will participate in the Okrug's social and charitable programs including those aimed at saving the natural habitat and traditional activities of indigenous minorities of the North.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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