Gazprom News

November highlights

Gazprom reported its consolidated interim condensed financial results under the International Financial Reporting Standards (IFRS) for the first half of 2009.

The Board of Directors accepted the Investment Program, Budget and Cost Optimization (Reduction) Program for 2010 and considered the outlook for the 2011–2012 key financial documents.

Gazprom and Srbijagas set up the South Stream Serbia AG joint venture.

An addendum was signed to the Natural Gas Purchase and Sale Contract between Russia and Ukraine.

Gazprom and EDF signed the Memorandum of Understanding providing for joint participation in the South Stream project implementation.

Gazprom informed GDF SUEZ of the agreement to acquire its 5.26 per cent stake in the German VNG.

The Action Plan covering gas supply to and gasification of the Irkutsk Oblast for 2009–2012 was signed.

Gazflot and United Shipbuilding Corporation signed the Agreement of Cooperation.

Gazprom’s delegations took part in the 7th International Forum “Gas of Russia – 2009” and the International Conference “Environmental Safety in Gas Industry” (ESGI-2009).

The 21st European Business Congress Presiding Committee meeting took place.

The Gazprom Employees’ Conference approved the draft General Collective Agreement of Gazprom and subsidiaries for 2010–2012.