Publication date: 28.08.12
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E.ON Russia and NOVATEK signed long-term fuel supply contracts
Fuel supply contracts provide for gas supplies in 2013-2027 to E.ON Russia’s branches Smolenskaya GRES, Surgutskaya GRES-2, Shaturskaya GRES and Yaivinskaya GRES. The forecast value of the contracts is ca. 702 billion rubles till the year 2027.
Also, in these contracts the Companies updated the terms and conditions of the previously signed agreements.
The necessity of entering into the contracts was reasoned by the fact that in 2012 E.ON Russia’s contracts with Gazprom JSC regional companies expired. Considering the results of negotiations with potential gas suppliers, NOVATEK JSC offered the best terms.
From 2013 on, fuel will be supplied to E.ON Russia’s power plants by Surgutneftegaz JSC, NOVATEK JSC, LUKOIL JSC, SUEK JSC.