Gazprom news

December highlights

The Board of Directors approved the Investment Program, Budget and Cost Reduction Program for 2012.

Turkey granted a permit for South Stream construction.

The Company signed:

• the Roadmap for cooperation in power generation and gas supply between Gazprom and the Federal State of Bavaria;
• the Strategic Partnership Agreement between Gazprom and Siemens;
• addendums to contracts on gas supplies to Turkey in 2012 between Gazprom and Botas, which allow increasing supply volumes;
• the Agreement on the use of natural gas as a motor fuel between Gazprom and Volga Bus;
• the Cooperation Agreement for 2012 between Gazprom and Saint Petersburg.

Gazprom launched gas and condensate production from the Nydinskaya area in the Medvezhye field.

First Turonian gas was fed into the Unified Gas Supply System from the Yuzhno-Russkoye field.

The environmental management system of Gazprom was certified for compliance with ISO international standards.

The Gazprom delegation participated in the 20th World Petroleum Congress in Qatar.

Berlin hosted the 25th meeting of the European Business Congress Presiding Committee under the leadership of Alexey Miller.

Winners of the Gazprom 2011 Science and Technology Prize were awarded.

Gazprom hosted a traditional annual meeting of the Company’s top executives and chief editors of regional mass media.