Gazprom Neft and RAO UES of Russia Signed the Agreement on Development of Grids of the Tyumen Region.

JSC Gazprom Neft and RAO UES of Russia have signed the agreement on construction and reconstruction of electric grid objects of the Tyumen region, Khanty-Mansi autonomous area and Yamalo-Nenets autonomous district.

Under the agreement the parties are going to improve the power supply reliability of the regions of joint activity and to increase connecting capacities of energy consumers of the Tyumen region.

According to the agreement, till 2010 Gazprom Neft will add 214 МW of capacities and will invest about 9 billion rubles in construction and reconstruction of grids.

Vice President of Gazprom Neft Leonid Reznikov declared: "The purpose of this agreement, first of all, is to ensure energy security of the Tyumen region. Activity of the company should benefit the inhabitants not only by industrial successes; therefore we are going to raise power supply reliability in the regions of our presence."