OREANDA-NEWS. At the Gazprom Headquarters, Alexey Miller, Chairman of the Gazprom Management Committee and Valentina Matviyenko, Governor of St. Petersburg have inked a Cooperation Accord for 2007 and a Gas Supply Program for St. Petersburg between 2007 and 2015 with an Outlook till 2025.

Under the Accord, St. Petersburg’s Government will arrange for timely and full cash payments for gas deliveries by budget-sponsored consumers.

Gazprom and its subsidiaries will be also assisted in registering lease agreements for St. Petersburg’s land.

Gazprom, on its part, will provide reliable gas supply to St. Petersburg, study the possibility and forms of its participation in financing and implementing various investment projects and earmark investments to engineer and build a gas pipeline branch to the town of Kolpino including the Kolpino-2 and Lagolovo gas distribution stations, and a connection between the Belousovo-Leningrad and Kokhtla-Yarve-Leningrad gas mains.