The document defines main cooperation domains, such as development of data exchange via modern information systems, organizing of research an practice workshops and conferences, expanding scientific and methodological support, and improvement of legal and regulatory framework.
In order to implement the provisions of the agreement, the parties will create joint working and expert groups.
They will also develop a detailed action plan to improve industrial safety at LUKOIL's production facilities.
NOVATEK and Rostechnadzor also signed a Cooperation Agreement on industrial safety.
Leonid Mikhelson, NOVATEK’s CEO, said:
- As the largest independent natural gas producer in Russia, industrial safety issues and implementing the most advanced technical solutions in these areas are of utmost importance to us
- The Cooperation Agreement with Rostechnadzor will ensure the highest industrial safety at our current production facilities and facilitate the commissioning of new facilities, which is of great importance for the successful implementation of our ambitious plans to increase LNG production capacity in the Arctic region of Russia