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/ Business News / 2008 / February 2008 / February 13, 2008 GAIL, Russias Itera sign petrochem plants, city gas projects pact |
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The Gas Authority of India Limited and Russian oil and gas firm Itera today signed a Memorandum of Understanding (MoU) to jointly build petrochemical plants and city gas projects in Russia.
New Delhi, Feb.13 : The Gas Authority of India Limited and Russian oil and gas firm Itera today signed a Memorandum of Understanding (MoU) to jointly build petrochemical plants and city gas projects in Russia.
GAIL Chairman and Managing Director U D Choubey and Itera CEO Igor Makarov jointly signed the pact that envisages cooperation in setting up CNG projects in Russia, exploring possibilities for setting up a gas-based petrochemical plant in Russia and jointly investing in oil and gas exploration and production in Russia and CIS countries.
ANI
