Trans-Siberian Gold plc announced the signing of an agreement with Kamchatskenergo to supply the Asacha Gold Mine on low-tariff rates in 2020. TSG has benefited from a reduced tariff of RUR 4.69/kWh during 2019 which has led to significant cost savings. The new agreement confirms that Kamchatskenergo will continue to supply electricity at a reduced tariff of RUR 4.75/kWh (approximately USD 0.077/kWh). The programme of electricity subsidies supports a policy aimed at encouraging investment into the Far East of Russia and aiding economic growth in the region, following the implementation of incentive measures introduced by the Russian Government.