Gazprom and Linde hold third meeting of Joint Coordinating Committee

RELEASE

#Eastern Gas Program

The third meeting of the Joint Coordinating Committee (JCC) of Gazprom and Linde took place in Munich.

The meeting was moderated by JCC co-chairmen Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Christian Bruch, Member of the Linde Executive Board.

The parties discussed the results achieved by the JCC working groups over the last year and identified the potential areas for cooperation. The meeting participants took note of the joint progress made in such fields as localization of equipment manufacturing in Russia, modernization of oil and gas infrastructure, and natural gas processing.

Gazprom and Linde pursue active cooperation in sharing expertise on a wide range of operational matters.

The construction project for the Amur gas processing plant is underway.

“In a relatively short amount of time, we have created an efficient platform for professional dialogue. Our constant interaction within the JCC has substantially expanded the range of joint projects we discuss,” said Vitaly Markelov.

At the end of the meeting, the JCC co-chairmen approved the plans of the working groups for 2017.

Background

Linde AG is one of the world's largest companies focused on industrial technologies for natural gas treatment and separation with the recovery of ethane, propane and heavier hydrocarbon fractions. In addition, the company designs and builds cryogenic facilities for natural gas and helium liquefaction.

On October 30, 2015, Gazprom and Linde signed the Agreement of Strategic Cooperation.

The companies’ Joint Coordinating Committee was established with the purpose of supervising the implementation of the Agreement. Working groups for the main areas of cooperation were set up pursuant to the Committee’s decision.