Background

Gazprom and LUKOIL are bound by the 2014–2024 General Agreement on Strategic Partnership, pursuant to which, among other things, LUKOIL supplies gas into Gazprom’s gas transmission system. The parties also take part in the development of the Tsentralnoye field in the Caspian Sea.

Gazprom's Sosnogorsk Gas Processing Plant is provided with associated petroleum gas from the northern group of fields developed by LUKOIL-Komi. Prior to the start of those deliveries, Gazprom and LUKOIL implemented a joint project for rearranging the gas supply scheme for consumers within the Pechora industrial cluster.