OREANDA-NEWS. Alexey Miller, Chairman of the OAO Gazprom Management Committee and Antonio Brufau Niubу, Chairman and Chief Executive Officer of Repsol YPF inked a Memorandum of Understanding for Cooperation within Oil and Gas Projects.

Pursuant to the MOU, the parties will study potential joint businesses in Europe, Latin America and Africa as well as within LNG projects using resources from the Russian Federation, including within the Baltic LNG project.

To successfully implement the MOU, the parties will set up a Coordinating Committee.