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Gazprom and LUKOIL discuss cooperation prospects

January 19/ 07:15

Moscow. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow.

The parties discussed issues related to cooperation, including the prospects for further collaboration in the areas of gas supplies, transmission and processing.

Background

Gazprom and LUKOIL are bound by the 2014–2024 General Agreement on Strategic Partnership, pursuant to which, among other things, LUKOIL supplies gas into Gazprom’s gas transmission system. The parties also take part in the development of the Tsentralnoye field in the Caspian Sea.

On October 9, 2015, associated petroleum gas started flowing to Gazprom's Sosnogorsk Gas Processing Plant from the northern group of fields developed by LUKOIL-Komi. Prior to that, Gazprom and LUKOIL implemented a joint project for rearranging the gas supply scheme for consumers within the Pechora industrial cluster.

 

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