Gazprom and NOVATEK discussed the Comprehensive Development Program for the Yamal Peninsula Fields

The parties discussed the Comprehensive Development Program for the Yamal Peninsula Fields, which includes the liquefied natural gas (LNG) industry formation based on the Yuzhno-Tambeiskoye field resources.
The draft Program stipulating a set of federal support measures in developing a new gas production center is targeted at obtaining the approval from the Russian Federation Government.
The document was prepared under the supervision of the Russian Federation Prime Minister in compliance with the assignment given at the Salekhard meeting of September 2009.
As part of the Yamal LNG project, the parties came to an agreement on major principles of cooperation and LNG marketing that would raise the investment attractiveness of the project.