Gazprom and Borealis sign Memorandum of Understanding

RELEASE

Gazprom and Borealis AG signed a Memorandum of Understanding.

The document reflects the interest of the parties in the evaluation of possibilities for implementing joint gas chemical projects in Russia.

Background

The Austrian company Borealis AG (International Petroleum Investment Company – 64 per cent, OMV – 36 per cent) specializes in the production of polyolefins, base chemicals and fertilizers.

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