In 2015 Germen Gas Technology GmbH signed an Agreement for Cooperation between the Ministry of Economics of the Republic of Mordovia (Russia, 650 km East of Moscow) and Mordovia Development Corporation. Since then, with strong support from the Government of Republic of Mordovia Germen Gas Technology GmbH has been developing the project of a gas-chemical plant using Lurgi Megamethanol MTP technology. Currently our company is examining various forms of financing for «Mordovia Gas-Chemical Corporation» gas-chemical plant project, in which Germen Gas Technology GmbH have 87% shares.