Achimgaz Launches Commercial Production from Block 1A (Russia)

The Gazprom headquarters hosted a working meeting of Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee, Harald Schwager, Member of the Board of Executive Directors of BASF and Rainer Seele, Chairman of the Board of Executive Directors of Wintershall Holding.

The parties discussed the cooperation in the energy sector highlighting a significant progress in performance of Achimgaz: the joint venture brought 1A block of the Achimov deposits in the Urengoy field into commercial operation. In this context, a unanimous opinion was expressed concerning the future success of the project.

The meeting also addressed the Nord Stream project and reviewed the progress with preparation work as part of the South Stream project. Special attention was paid to the cooperation deepening and, in particular, a possible engagement of BASF and Wintershall Holding in the Eastern Gas Program.

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LNG World News Staff, December 2, 2011; Image: Achimgaz