Gazprom News

January highlights

Gazprom signed:

– the documents of incorporation for South Stream Zrt., a joint engineering company, to implement the South Stream project with MFB;

– the trilateral Agreement of Long-Term Cooperation in the gas sector with PGNiG and EuRoPol GAZ;

– the Agreement of Cooperation for 2010 with the Leningrad Oblast Government;

– the Agreement of Cooperation with the Russian Technologies State Corporation.

Gazprom launched regular operation of the Obskaya – Bovanenkovo railroad (to deliver cargoes and personnel to Yamal’s fields).

Construction of the Portovaya compressor station, a starting point for gas supplies via the Nord Stream gas pipeline, was commenced.

A new structural unit, the Project Management Department, was established by Gazprom to coordinate the South Stream project implementation.

Gazprom and SOCAR reached the agreement for a twofold increase in Azerbaijani gas purchase (up to 1 billion cubic meters) in 2010.

The Company’s delegations took part in the 15th Session of the UNECE Gas Centre Executive Board and in the 20th Session of the UNECE Working Party on Gas.

January 2010