OJSC Rosneft and OJSC Enel OGK-5 signed an agreement on the long-term gas supplies to Enel OGK-5 enterprises. The agreement was signed by Rosneft President, Chairman of the Management Board, Igor Sechin and General Director of OJSC Enel OGK-5 Enrico Viale.
As part of the agreement Rosneft plans to deliver gas in the period from 2014 to 2025 inclusively to Konakovskaya, Sredneuralskaya and Nevinnomysskaya Power Stations of OGK-5.
Commenting on the agreement signed, Igor Sechin said, “Rosneft holds significant gas reserves and monetizing this gas potential is one of the Company’s strategic goals. Domestic gas market is particularly attractive for us and Rosneft aims to further maximize gas supplies in Russia on a long-term basis. Signing an agreement with Enel OGK-5 to supply gas directly to Russia’s largest generating utilities is the next successful step in expanding Rosneft gas business. It will also ensure guaranteed fuel supplies for power generation on transparent terms.”
Notes for Editors:
OJSC OGK-5 incorporated in Yekaterinburg on October 27, 2004. On July 7, 2009 by the resolution of Annual General Meeting of shareholders the company was renamed into OJSC Enel OGK-5.
OJSC Enel OGK-5 consists of the following power plants: Konakovskaya GRES, Nevinnomysskaya GRES, Sredneuralskaya GRES, Reftinskaya GRES. Total gross installed electrical capacity of the company is 9677MW (equivalent to 9,052 MW net installed capacity) and thermal capacity is 2,382 Gcal/h.