Gazprom Neft, Yamal-Nenets district sign cooperation agreement for 2009-2011
MOSCOW. Aug 3 (Interfax) - Gazprom Neft and the Yamal-Nenets autonomous district have signed a general agreement on cooperation in the period from 2009-2011, the company said in a statement.
The agreement mainly concerns socioeconomic development in the district, investment and scientific support as well as the development of the oil industry.
The company and the district will work on increasing investment in the search for and exploration of oil and gas fields in addition to creating conditions for the geological study of licensed areas.
They will focus on environmental programs and the conservation of natural resources and will also study the possibility of creating an innovative development fund.