“Zarubezhneft” and “ALROSA” signed an Agreement of intent for joint development of three gas fields

The license-holders are CJSC “Geotransgaz” and LLC “Urengoy Gas Company”, which shares belong to “ALROSA”. To become a part of the project, “Zarubezhneft” intends to purchase from ALROSA a blocking stake in the authorized capital of the companies–license holders.

The Agreement was signed by ALROSA’s President Fyodor Andreev and General Director of OJSC “Zarubezhneft” Nikolay Brunich. In the near future experts from “Zarubezhneft” will start analyzing and assessing these assets.