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Gazprom

March 30, 2005

Board of Directors reviews gas pricing between 2006 and 2007

A Board of Directorsí meeting is in progress at Gazpromís Headquarters.

The Board heard a report by the Management Committee on the viability of calculations for the regulated wholesale gas pricing fluctuations between 2006 and 2007.

Reference:

The optimum gas pricing changes for 2006 to 2007 have been calculated on the platform of the Cost Optimization Program implementation, revision of Gazpromís main assets in 2005 and prognosticated corporate cost growth over 2006 to be driven by inflation.

 

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