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A service for energy industry professionals · Thursday, July 19, 2018 · 456,012,642 Articles · 3+ Million Readers

Gazprom and Novgorod Region sign Agreement of Cooperation

Release

Alexey Miller, Chairman of the Gazprom Management Committee, and Andrey Nikitin, Governor of the Novgorod Region, today signed at the St. Petersburg International Economic Forum 2018 a revised version of the Agreement of Cooperation. The document is meant to replace the Agreement of Cooperation signed in 2005.

The document aims to further enhance the relationships between Gazprom and the Novgorod Region. The main areas of joint activities include the gas infrastructure expansion and the NGV market development in the region, as well as the introduction of energy saving technologies in facilities using natural gas.

According to the Agreement, Gazprom will ensure, inter alia, reliable gas supplies to consumers in the Novgorod Region and will consider the possibility of participating in the construction and upgrading of social infrastructure facilities.

In its turn, the Government of the Novgorod Region will assist Gazprom in resolving right-of-way related matters, agreeing on permitting documents and creating a favourable tax environment for the Company's investment and social projects in the region. Besides that, the parties will continue their efforts to improve the payment discipline of regional consumers.

Background

In addition to the Agreement of Cooperation, Gazprom and the Novgorod Region are bound by the Accord on gas infrastructure expansion and the Agreement on wider use of natural gas as a vehicle fuel. The Program for gas supply and gas infrastructure expansion in the region is approved for the 2016–2020 period.

As of January 1, 2018, the natural gas penetration level across the region was 56.8 per cent (versus 68.1 per cent throughout Russia).

At present, there are two CNG fillings stations of Gazprom operational in the Novgorod Region (Veliky Novgorod).

As part of the Gazprom for Children Program, the Company built the Kristall sports and fitness center in Valdai and modern sports grounds in Veliky Novgorod and Krestsy.

 

Information Directorate, Gazprom

Contacts for media 

+7 812 609-34-05 +7 812 609-34-31 +7 812 609-34-26

pr@gazprom.ru

Contacts for investors

+7 812 609-41-29 ir@gazprom.ru

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