Moscow, 23 December 2010 - Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni signed today the extension of the strategic agreement signed by Eni and Gazprom in November 2006.
Moscow, 23 December 2010 - Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni
signed today the extension of the strategic agreement signed by Eni and Gazprom
in November 2006.
The agreement, which would currently expire on
December 31, 2010
, will be extended until 2012 with automatic,
yearly renewals unless otherwise requested by at least one of the two
companies. The extension of the agreement will make possible industrial and commercial
initiatives both in the
Russian Federation
and
in third countries.
Moreover, the companies signed agreements for technical-scientific co-operation
in the upstream and downstream sectors. These agreements envisage the creation
of integrated working groups to study the application of drilling, production,
transportation, energy saving and LNG technologies and processes, as well as
personnel training and development.
Signed on
November 14, 2006
in
Moscow
, the
strategic agreement between Eni and Gazprom set up an international alliance
enabling the two companies to launch joint projects in mid and downstream gas,
in the upstream sector and in technological cooperation.
Among them, the South Stream project, the gas pipeline system, currently being
studied which will link
Russia
to
the European Union across the
Black Sea
and
will significantly contribute to improving the security of energy supplies for
Europe
.
Russia
's
reprocessing facility at Mayak, where technicians will now separate the
still-usable uranium from the spent fuel and store the remaining nuclear waste
for future safe disposal, the IAEA said.
The total distance traveled was about 8,000 kilometers and the overall cost of
the operation amounted to $55 million, most of which was put up by
Serbia
and
international donors, the IAEA said.
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