Alexey Miller and Vagit Alekperov address ongoing and future cooperation

RELEASE

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

The meeting addressed issues related to ongoing and future cooperation, including with regard to natural gas supplies and associated petroleum gas 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 and takes part in joint exploration efforts 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.