St. Petersburg – was signed a few days ago, during the St. Petersburg International Economic Forum (SPIEF), in the presence of Italian Premier Mattero Renzi and the President of the Russian Federation Vladimir Putin, a Memorandum of Understanding between the Group Cassa Depositi e Prestiti (through its subsidiary SACE), SOCAR, the state oil company of the Azerbaijan Republic, Exiar, Russia’s export credit agency, and Gazprombank Group. The agreement was signed by Fabio Gallia, CEO of Cassa Depositi e Prestiti (CDP), Rovnag Abdullayev, President of SOCAR, Alexey Tyupanov, president and CEO of Exiar and Andrey Akimov, chairman of Gazprombank. With this agreement, the companies expressed mutual interest in financing the GPC project, which involves the construction of a petrochemical plant in Garadagh, near Baku, in Azerbaijan, intended to supply Europe, Turkey and China. (9Colonne)
