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Alexander Fridman Leads NOVATEK Delegation at NEFTEGAZSTROY-2012


NOVATEKAlexander Fridman, Deputy Chairman of the Board of NOVATEK OJSC, will take part in the Second Annual Conference NEFTEGAZSTROY-2012, which is to be held on May 22 in the Radisson-Slavyanskaya Hotel. This event is supported by the Russian Ministry for Energy.

The key topic to be discussed at the Conference is establishment of EPC contractors in the Russian market. Most countries of the world organize the oil and gas construction process according to the EPC Engineering, Procurement and Construction) model. This approach means that a customer chooses a single general contractor who takes responsibility for the following types of works: design, engineering, procurement. The EPC contractor searches for subcontractors who perform construction works.
Giving the whole project to a foreign EPC contractor may cause difficulties, as the Russian customers and foreign contractors still speak different languages (literally and figuratively). This work should be performed by Russian specialists, who are familiar with the advanced foreign

experience, know foreign languages, but as well understand the regulatory base and bureaucratic processes in Russia and can contact with Glavgosexpertiza and other state authorities. A EPC contractor from abroad does not know the Russian equipment and, consequently, plans to use in the project the foreign products familiar to him. That is why establishment of Russian EPC contractors is very important in terms of supporting the Russian industry.

Among the participants of the event are: Director of the Directorate for Procurement and Capital Construction of Gazprom neft Abdulla Karaev; Deputy General Director for Capital Construction of Surgutneftegaz OJSC Alexander Rezyapov; Director of Department for capital Construction of Bashneft OJSC Sergei Tsybin; and many oil and gas construction contractors. Gazprom OJSC and AK Transneft OJSC are forming their delegations.

For information on participation in the event, please call: (495) 514-44-68, 514-58-56; info@n-g-k.ru; www.n-g-k.biz

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