Leonid Mikhelson, Chairman of the Management Board of PAO NOVATEK ("NOVATEK"), and Voronezh Region Governor Alexander Gusev signed a Cooperation Development Agreement to increase the participation of companies from the region in NOVATEK's projects. The Agreement envisages broader involvement of companies from Voronezh Region in engineering and supply of equipment for NOVATEK's LNG projects.
"Manufacturers from Voronezh Region have successfully contributed to many of the Company's major projects located within the reach of the Unified Gas Supply System, with their equipment and materials," noted Leonid Mikhelson, Chairman of NOVATEK's Management Board. "They have a big potential, and this agreement will enable enhancing their involvement in our LNG projects. Cooperation under our ongoing and future projects will start at early stages, including R&D activities, to promote larger import substitution in high-tech LNG equipment as well as to foster the region's economic development."