Gazprom has announced that the Chairman of the Gazprom Management Committee, Alexey Miller, and the CEO and Deputy Chairman of the Board of Directors of Kuwait Petroleum Corp., Nizar Al-Adsani, have signed a Memorandum of Understanding (MoU) in Sochi, Russia.
Gazprom have confirmed that the President of the Russian Federation, Vladimir Putin, and the Emir of the State of Kuwait, Sabah Al-Ahmed Al-Sabah, were both present at the ceremony.
The MoU outlines the main areas that could be covered by a potential partnership between the two companies; in particular, LNG, LPG, other petroleum fuels, and sci-tech cooperation and investment.
Edited from press release by David Rowlands