JSC Inter RAO UES (IRAO) - Gas Supply Agreement RNS Number : 0860Q JSC Inter RAO UES 01 November 2012 Gas Supply Agreement between INTER RAO - Electric Power Plants and Samaraneftegas Moscow, November 01, 2012-Open Joint Stock Company "INTER RAO UES" ("INTER RAO UES", "Company", ticker on MICEX-RTS, LSE (Reg. S): IRAO; on LSE (Rule 144 A): IRAA), the largest diversified utilities holding in Russia, announces that INTER RAO - Electric Power Plants, OJSC ("Buyer"), a company registered under the laws of the Russian Federation and wholly owned by INTER RAO UES, has executed the gas supply agreement with OJSC "Samaraneftegas" ("Supplier"), which entails or might entail obligations of INTER RAO - Electric Power Plants, OJSC equal or exceeding 150,000,000 RUB (approx. £2 972 692). According to the gas supply Agreement the Supplier undertakes to deliver the processed natural gas fuel in the period from January 1, 2016 to December 31, 2040, and the Buyer shall accept and pay on time for the supplied gas in accordance with the terms of the Agreement. The maximum annual volume of gas is 35 billion cubic meters. Execution of the said Agreement was approved by the Board of Directors of "INTER RAO - Electric Power Plants", OJSC on October 30, 2012. INTER RAO UES has been informed on the completion of the aforesaid transaction on November 01, 2012. The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation. For further information, please contact INTER RAO UES: Irina Makarenko Head of Investor Relations +7 495 664-88-40 (ext. 2008) firstname.lastname@example.org Anton Nazarov Head of Public Relations +7 495 664-88-40 (ext. 2208) email@example.com Svetlana Chuchaeva Head of Corporate Relations +7 495 664-88-40 (ext.2081) firstname.lastname@example.org INTER RAO UESis a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets.INTER RAO UES Group owns and operates approximately 28,000 MW of installed power generating capacity. INTER RAO UES corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market. For further information see www.interrao.ru This information is provided by RNS The company news service from the London Stock Exchange END MSCZMMGMGMFGZZM -0- Nov/01/2012 10:24 GMT
JSC Inter RAO UES IRAO Gas Supply Agreement
Press spacebar to pause and continue. Press esc to stop.