OREANDA-NEWS. November 18, 2008. The Gazprom Headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Kangsoo Choo, President of Kogas.

The parties discussed the prospects for further cooperation development in the oil and gas sector within the Memorandum of Understanding on natural gas supplies from Russia to Korea signed in September 2008. A focus of the meeting also fell on the progress with the investment rationale preparation for the project aimed at arranging Russian natural gas supplies to consumers of the Republic of Korea.

The parties also pointed to the favorable opportunities for cooperation in gas processing and gas chemicals within the Eastern Program.