During the eleventh international investment forum Sochi-2012, with Russian Prime Minister Dmitry Medvedev in attendance, the two companies signed a cooperation agreement on jointly using and creating infrastructure in the development of shelf deposits.
Gazprom CEO Alexei Miller and his Rosneft counterpart, Igor Sechin, signed the document.
The agreement calls for joint work and combining efforts for the effective development of mineral sections on the Russian continental shelf. It incorporates the drafting of a plan of action to carry that cooperation out. The agreement envisages several forms of cooperation, including the regular exchange of information and data in the public domain, and the exchange of information obtained from research and development organizations and enterprises engaged in the proliferation of new technologies.