|
Sarkaritel.com News and
Features-Corporate News
GAIL signs MoU with ITERA Oil & Gas Company of Russia
|
New Delhi,
February
14, 2008
GAIL (India) Limited today signed a Memorandum of
Understanding (MoU) with ITERA Oil & Gas Company of Russia
for cooperation in projects ranging from participation in
CNG projects in Russia, Gas based Petrochemicals
opportunities in Russia, E&P opportunities in Russia and
CIS countries and cooperation in other projects of mutual
interests. |
 |
The MoU was signed by Dr. U. D. Choubey, CMD, GAIL and Igor
V. Makarov, Chief Executive Officer, ITERA Oil and Gas Company
LLC. R K Goel, Director (Finance), GAIL, Santosh Kumar,
Director (Projects), GAIL, B C Tripathi, Director (Marketing),
GAIL and other senior officials of GAIL and ITERA were present
on the occasion.
Speaking on the occasion, Dr. U. D. Choubey, CMD, GAIL said
that this is a significant step to focus on GAIL's competence
in gas based petrochemical projects and CNG in Russia with a
major private Russian company.
ITERA is a large player in Oil & Gas Sector in E&P, Gas
transmission & distribution, petrochemicals etc. in Russia and
CIS. ITERA has also been operational in many Asian and African
E&P assets. ITERA has been operating in various Oil & Gas E&P
assets in Russia, CIS and other countries, apart from business
interests in Gas to Petrochemicals, Pipelines etc.
E-Mail :
newseditor@sarkaritel.com
|
