The Bogorodskoye Reception Hall of Gazprom has hosted a meeting of the Coordinating Committee for Strategic Cooperation between Gazprom and BASF, co-presided by Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Dr. John Feldmann, Member of the Board of Executive Directors of BASF.

The Members of the Coordinating Committee and Heads of the Working Groups delivered reports on the progress with the projects and activities being implemented by Gazprom and BASF/Wintershall.

The parties expressed their satisfaction with Achimgaz’s success in developing Block 1A of the Achimov deposits at the Urengoy field.

The meeting heard reports on matters in regard with sci-tech cooperation, interaction between Gazprom and Wintershall in the gas and gas chemicals business, experience sharing and staff training.

The Coordinating Committee highlighted the success in the strategic cooperation between the companies.

Reference:

BASF AG is a leading chemical corporation in the world, running business in the chemicals, synthetic materials, plant protection goods as well as oil and natural gas sectors.

Wintershall AG, a BASF 100 percent subsidiary, operates in the power energy sector. Gazprom and Wintershall have been cooperating for so far over 13 years through their WINGAS and WIEH joint ventures.

ZAO Achimgaz was founded on a par by Gazprom and Wintershall in July 2003 with the view of developing the first pilot play of the Achimov deposits at the Urengoy gas, oil and condensate field.

BASF is a Gazprom partner within the Yuzhno-Russkoye field and Nord Stream gas pipeline projects.