On meeting between Alexey Miller and Jurgen Hambrecht
A working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom and Dr. Jurgen Hambrecht, Chairman of the Board of Executive Directors of BASF SE took place today in Ludwigshafen.
The parties addressed the current issues related to joint projects implementation. They highly praised the progress with cooperation between Gazprom and BASF/Wintershall Holding within the development of the Yuzhno-Russkoye field and block A1 of the Achimov deposits in the Urengoy field, as well as the offshore Nord Stream gas pipeline construction.
The meeting participants highlighted the successful interaction between the companies in experience sharing and staff training, sci-tech cooperation, gas chemistry, and discussed the prospects for joint projects execution in Eastern Russia.
BASF SE is one of the leading gas and petrochemical companies of the world. Its production activities are focused in the following segments: chemicals, synthetic materials, crop protection products, as well as hydrocarbons extraction and transportation.
Being a wholly owned subsidiary of BASF, Wintershall Holding AG operates in the power generation industry. Gazprom and Wintershall Holding AG have been cooperating for about 20 years now. The companies have established WINGAS and WIEH joint ventures.
BASF SE and Wintershall Holding AG partner with Gazprom in developing the Yuzhno-Russkoye oil and gas field, and the first pilot block of the Achimov deposits in the Urengoy gas, oil and condensate field, as well as the Nord Stream gas pipeline construction.