Novatek Signs Agreement on Sustainable Development with Gazprom

Source: www.gulfoilandgas.com 6/17/2022, Location: Asia

As part of today's St. Petersburg International Economic Forum, Leonid Mikhelson, Chairman of the Management Board of NOVATEK, and Alexey Miller, Chairman of the Management Committee of Gazprom, signed an Agreement on Cooperation in Sustainable Development of the Russian Federation Arctic Zone.

The parties intend to cooperate in environment protection, biodiversity preservation, environmental monitoring, standardization in the area of environmental safety, hydrogen energy and support of the indigenous peoples of the North.

"Our companies join their efforts to maintain biodiversity and minimize negative impact on the Arctic ecosystem," noted Leonid Mikhelson, NOVATEK's Chairman of the Management Board. "Joint activities with Gazprom under this agreement will focus on arranging continuous monitoring of pinniped habitats in the Ob Bay and the Northern Sea Route water area. Cooperation of major subsoil users in the Russian Arctic will foster preservation of the region's ecosystem, its social and economic development."


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