Gazprom Joins Investment Agreement on South Yakutia Development
OREANDA-NEWS. June 08, 2009. In Saint Petersburg within the XIII International Economic Forum Valery Golubev, Deputy Chairman of the Gazprom Management Committee signed the Investment Agreement to implement the Comprehensive Investment Project aimed at elaborating project documentation for the South Yakutia Comprehensive Development Investment Project with the backing of the Russian Government and supplied by the budget allocations from the Russian Federation Investment Fund.
The document was also signed by heads of the Russian Energy Ministry, Federal Road Agency, Federal Railway Transport Agency, the Sakha (Yakutia) Government, Rosatom State Corporation, South Yakutia Development Corporation, Atomredmetzoloto, South Yakutia Hydropower Complex, Alrosa Investment Group, Yakutia Coal – New Technologies, Elkonsky Mining and Metallurgy Plant and RusHydro.
Pursuant to the document signed, Gazprom is going to act as a co-investor of the South Yakutia Comprehensive Development Project, for instance, with a view to create the Yakutia Gas Production Center.
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