A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and senior executives of LUKOIL took place today.

The parties discussed the main areas of cooperation. Particular attention was paid to the activities of Layavozhneftegaz, a joint project company. It was established to implement the project for the development of the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area. It was highlighted that in the current year the company will focus on primary preparations for the pre-development of the fields.

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.

In 2020, Gazprom and LUKOIL signed the Master Agreement on the terms of the development of the Vaneyvisskoye and Layavozhskoye fields located in the Nenets Autonomous Area. Gazprom transferred to Layavozhneftegaz the subsurface use license for the area that includes these fields.

Contact:

Media

T: +7 812 609-34-21

T: +7 812 609-34-32

T: +7 812 613-29-27

E: pr@gazprom.ru

Investment Community

T: +7 812 609-41-29

E: ir@gazprom.ru

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