Lukoil, Gazprom agree to jointly develop two fields in Nenets Autonomous District
MOSCOW -- President of PJSC "Lukoil" Vagit Alekperov and Chairman of the Management Committee of PJSC "Gazprom" Alexey Miller have signed an Agreement of Intent at the Saint-Petersburg International Economic Forum.
According to the Agreement, the companies intend to jointly develop the Vaneyvisskoye and the Layavozhskoye fields in Nenets Autonomous District. The project allows for the establishment of an equally-owned joint venture in accordance with the legislation of the Russian Federation.