Gazprom news

April highlights

Gazprom reported its consolidated financial results under International Financial Reporting Standards (IFRS) for 2010.

The Board of Directors:

• adopted the Program for hydrocarbon resources development on the Russian Federation shelf until 2030;
• resolved to reschedule the annual General Shareholders Meeting from June 24 to June 30, 2011 as well as to convene the extraordinary General Shareholders Meeting on June 30, 2011;
• decided to open the Company's representative office in the State of Qatar.

The Management Committee approved:

• the 2011–2015 Comprehensive Program for Reconstruction and Re-equipment of Gas Transmission and Underground Storage Facilities;
• the 2011–2015 Comprehensive Overhaul Program for Linear Parts of Gazprom's Gas Trunklines;
• the 2011–2015 Comprehensive Program for Reconstruction and Re-equipment of Gas and Liquid Hydrocarbons Processing Facilities.

The Company signed:

• the Agreement with Japan Far East Gas Co. on the joint feasibility study for deployment of a gas liquefaction plant (LNG plant) and a gas chemical complex near Vladivostok;
• the Agreement with KazMunaiGaz National Company identifying KazRosGaz as the Imashevskoye field operator and the Protocol on the issues surrounding execution of the Intergovernmental Agreement to explore the Imashevskoye field;
• the Agreement of Cooperation with the Amur Oblast;
• the Letter of Intent between Gazprom and DONG Energy to establish cooperation in gas-fired power generation.

Gazprom launched production of gas and gas condensate from the Valanginian deposits of the Zapolyarnoye field.

The PGU-450 combined cycle gas turbine unit at Yuzhnaya CHPP was commissioned in Saint Petersburg.

The employment contract was extended with Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom export.

Andrey Tatarinov was elected as Director General of Kovyktaneftegaz.

The festive event was arranged to celebrate the 50th anniversary of the Central Operations and Dispatch Department.