Germany: Gazprom, BASF Discuss Cooperation

Gazprom, BASF Discuss Cooperation

Berlin hosted today a working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom and Kurt Bock, Chairman of the Board of Executive Directors of BASF.

The meeting examined the current issues of bilateral cooperation. In particular, the Chairmen discussed the progress with previous bilateral Agreements.

The parties noted successful development of Achimgaz , the joint venture that had started commercial production of the first pilot block of the Achimov deposits in the Urengoyskoye field.

Joint efforts of Gazprom and BASF as part of the pilot project for gas production from the Turonian deposits of the Yuzhno-Russkoye field were also appreciated.

Alexey Miller and Kurt Bock discussed the issues surrounding the operation of Nord Stream’s first string. They noted that the gas pipeline’s operational systems adjustment and gas supplies were carried out according to the schedule as planned.

The parties also discussed the South Stream project. The partners confirmed their intention to execute it within the preset deadlines.

It was decided to continue a dialogue on the bilateral cooperation deepening in the international gas market.

[mappress]

LNG World News Staff, December 9, 2011; Image: Achimgaz