Associated petroleum gas produced from the northern group of fields owned by LUKOIL-Komi started flowing to the Gazprom-owned Sosnogorsk gas processing plant (GPP).
APG supplies will enable the loading of available capacities of the Sosnogorsk GPP and will make it possible to utilize efficiently the growing APG production from the LUKOIL fields in the Republic of Komi. Total gas supplies will make up 3.9 billion cubic meters between 2015 and 2021.
APG supplies were preceded by the implementation of Gazprom and LUKOIL’s joint project on rearranging the gas supply circuit for consumers within the Pechora industrial cluster.
The 2014–2024 General Agreement on Strategic Partnership is effective between Gazprom and LUKOIL.
Gazprom and LUKOIL signed an agreement to supply natural gas from the LUKOIL fields in the Northern Caspian Sea; the cooperation initiatives provide, inter alia, that Gazprom purchases natural gas from the LUKOIL fields in the Bolshekhetskaya Depression. Together with their Kazakh partners, both companies are engaged in geological exploration and development of the Tsentralnoye oil, gas and condensate field in the Caspian Sea.
LUKOIL-Komi is a wholly-owned subsidiary of LUKOIL.