Sidanko and Saratov regional administration sign cooperation agreement

Jul 27, 2000 02:00 AM

Sidanko and the Saratov regional administration signed a cooperation agreement. It is expected that the Saratov oil refinery will enjoy tax exemptions during its upgrading, while Sidanko, Saratovneftegaz and the local administration will embark on a comprehensive program to support the development of new oil and gas deposits.
Sidanko will ensure the supply of at least 220,000 tons of oil per month to the Saratov oil refinery, ensure that Saratovneftegaz drills at least 70,000 metres of exploration and development wells over the year and complete a gas utilisation program in Far Saratov Zavolzhye.

Source: Sidanko Press Service via NewsBase
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