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Gazprom settles payments

 

World Pipelines,

Gazprom Group including Gazprom Export fully and timely settles all payments in Russian and foreign currencies on the accounts of Gazprom and its affiliated companies, opened by Gazprombank, despite the expanded sanctions imposed unilaterally by the US administration on 16 July, 2014 in respect of a number of Russian companies including Gazprombank.


Adapted from press release by Hannah Priestley-Eaton

 

Gazprom and BASF to co-operate on exploration projects

Gazprom and BASF have signed a memorandum which anticipates future co-operation in the development of Achimov deposits of the Urengoy field in exchange for equivalent stakes in BASF’s North Sea assets.