The Memorandum reflects the parties’ intent to implement a project for the construction of two gas pipeline strings from the Russian coast to the German coast via the Baltic Sea. The capacity of the new gas pipeline will reach 55 billion cubic meters a year.
The Yamal Peninsula is a special region of Russia. It is a real oil and gas depository of the country. Over 30 years employees of Spetsgazavtotrans perform their job duties in completely inhabitable living conditions.
We are strengthening cooperation with our Armenian partners. Gazprom is promptly responding to the increasing gas demand in Armenia and is ready to ramp up the supply of natural gas, including from Iran under swap deals. Moreover, the Company will further contribute to the development of Armenia's gas transmission infrastructure.