Yekaterina Tripoten, analyst of Sovlink

– Concentration of resources of state companies in the face of global crisis is a positive tendency

Chairman of the Board of Gazprom OJSC Aleksey Miller and Director General of Rosatom State Nuclear Energy Corporation Sergey Kiriyenko signed a six-year general cooperation agreement. The agreeing parties are planning to implement strategic projects to develop sea and shelf gas deposits (Shtokmanovsky deposit, deposits in Yamal and the Far East); to supply electricity to gas transportation networks for supply of gas to regions of the Russian Federation and export of gas to Western Europe and South-east Asia; to coordinate inter-related investment projects; to develop new technologies, designing competitive (import-substituting) production for enhancing the efficiency of prospecting, extraction, transportation, storage, processing of natural gas and gas condensate. The parties are also planning to develop a program of scientific-technical cooperation to be renewed each three years and to set up a council for coordination of joint action under strategic projects and investment programs.

The concentration of the resources of state companies in the face of the global crisis is a positive tendency as this consolidation is aimed at developing new technologies and implementing new projects of national significance.