Enel OGK-5 and Rosneft Sign Gas Purchase Agreement
OREANDA-NEWS. General Director of OJSC Enel OGK-5 Enrico Viale and the President and Chairman of the Management Board of Rosneft Oil Company Igor Sechin signed a 12-year gas supply contract.
In accordance with the signed agreement, Rosneft Oil Company will supply Enel OGK-5 with gas for a significant part of the company's needs of up to 2025. The agreement is one of the largest deals in the history of OJSC Enel OGK-5 and represents clear evidence of the long-standing commitment of the Enel Group and Enel OGK-5 to get committed to the Russian market.
“The signed gas supply agreement will play a key role for fuel supply of Enel OGK-5 power plants, - said General Director Enrico Viale. - This deal reflects the development of an effective dialogue and successful cooperation between our company and the largest market player in Russia and one of the largest worldwide”
The signed agreement is expected tol enter into force shortly upon final approval by the relevant bodies of the two companies.
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