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Sergey Shtepa signed a preliminary contract for the supply of liquefied petroleum gases at SPIEF-2021

Sergey Shtepa signed a preliminary contract for the delivery of liquefied petroleum gases at SPIEF-2021.

On June 4, during the St. Petersburg International Economic Forum 2021, Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Sergey Shtepa, Executive Director of the Caspian Innovation Company (CIC) signed a preliminary contract on liquefied petroleum gas (LPG) supply from Gazprom's Astrakhan Gas Processing Plant to CIC's prospective Astrakhan Gas Chemical Complex. The document contains the main conditions of future supplies under a long-term contract (20 years), including LPG scopes and a price formula.

REFERENCE

St. Petersburg International Economic Forum-2021 was held at the congress and exhibition center "ExpoForum" from June 2 to 5. The main theme of the forum was "Together again. Economy of the new reality".

As part of the St. Petersburg International Economic Forum 2017, Alexey Miller, Chairman of the Management Committee of Gazprom, and Sergey Shtepa, Executive Director of Caspian Innovation Company, signed a Memorandum of Cooperation.

In November 2020, Gazprom PJSC and Caspian Innovation Company LLC signed a cooperation agreement on the implementation of the gas chemical complex project in the Astrakhan Region, as well as a preliminary agreement on the supply of ethane fraction from the Astrakhan Gas Processing Plant.