Uralchem Adds Novatek

Sep. 7, 2012

Fertilizer producer Uralchem Holding and Novatek-Perm have signed a gas supply contract valid until December 31, 2017, UralChem said in a statement. The company did not disclose the amount of gas that it would receive from the Novatek subsidiary, but the value of the gas is 9.2 billion rubles ($287.5 million).

Uralchem previously announced that it had clinched a five-year, 14.5-billion-ruble gas supply contract with Gazprom. Dmitry Osipov, the deputy chairman of Uralchem's board of directors, told Interfax that the company plans to procure roughly 60 percent of its gas from Gazprom and 40 percent from Novatek over the next five years.

(MT)

Related articles:

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue