The Gazprom Headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Toru Ishida, Director General of the Agency for Natural Resources and Energy, Japan’s Ministry of Economy, Trade and Industry.

The meeting discussed the activities of the Joint Coordinating Committee, placing a focus on the progress in implementing the Agreement to jointly develop the investment rationale for the Project aimed at creating gas processing and chemical facilities to be fed with feedstock resources from the Sobinskoye oil and gas condensate field (Krasnoyarsk Krai).

At the meeting the parties signed a Sci-Tech Cooperation Agreement.

The parties also confirmed their interest in further promoting the dialogue on a broad spectrum of issues.

Background:

Gazprom and the Agency for Natural Resources and Energy under the Ministry of Economy, Trade and Industry of Japan signed the Framework Agreement of Cooperation in 2005.

The Joint Coordinating Committee, which held its 4th meeting in Japan (December, 2008) was set up with the aim of implementing the Agreement.

The Committee includes the Joint Working Group for various activities.

In December 2008 Gazprom and the Agency signed the Agreement to jointly develop the investment rationale for the Project aimed at creating gas processing and chemical facilities to be fed with feedstock resources from the Sobinskoye oil and gas condensate field.