Yuri Lipatov, Chairman of Energy Committee of State Duma

– Rosatom’s companies have all necessary competences for developing innovative modern technological solutions

On Dec 16 2008 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 general agreement between Rosatom and Gazprom will benefit both companies. By signing this agreement Rosatom has demonstrated that it is diversifying its business and is enlarging its presence on other highly profitable markets. Besides, the history of Gazprom’s cooperation with Rosatom has proved the reliability of nuclear companies as partners. Rosatom’s companies have all necessary competences for developing innovative modern technological solutions, particularly, in the field of development of software for mining industries.

Rosatom is the only company in Russia mastering complex methods of computer modeling of different processes. It does it by means of a super-computer with a peak performance of 120 teraflop. By signing this agreement Gazprom is obtaining a reliable high-tech partner capable of helping it to develop new gas deposits in the Far East and Yamal.