Project Pechora LNG
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18.06.2015 Rosneft and ALLTECH Group Agreed on Updated Commercial Parameters of the Deal

Rosneft and ALLTECH Group signed updated commercial parameters for the cooperation on the project of the gas fields’ development in the Nenets Autonomous District. The documents were signed by Rosneft Chairman of the Management Board Igor Sechin and ALLTECH Group President Dmitry Bosov.

These agreements follow the framework agreement signed in 2014. The parties decided to update a range of the deal’s conditions due to significant change of macroeconomic parameters affecting the implementation of the project.