Novatek OAO And Gazprom OAO Announces Memorandum Of Cooperation

Thursday, 10 Jan 2013 09:15am EST 

Novatek OAO and OAO Gazprom announced that it has signed an agreement within the Memorandum of Cooperation providing for the establishment of a joint venture to increase LNG production on the Yamal Peninsula and to use the infrastructure built on the Peninsula. The agreement defines the schedule for the establishment of the joint venture. 

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