Encyclopedia

Marine Area Company


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Marine area company - a legal entity established or to be established by the public joint-stock company "Gazprom" and (or) its affiliated party (parties), for the design, construction and operation of the marine area and being its owner, with the place of registration determined at the time of its establishment by the Russian participant specified in paragraph 1 of article 4 of this Agreement1;

  1. Agreement between the Government of the Russian Federation and the Government of the Turkish Republic on the "Turkish Stream" gas pipeline project, as amended on 2017-05-01, art. 1. ↩

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