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GAZPROM

December 8, 2005

On working meeting between Alexey Miller and Vladimir Kulakov

Gazprom’s Headquarters has hosted today a working meeting between Alexey Miller, Gazprom’s Management Committee Chairman and Vladimir Kulakov, Governor of the Voronezh Region.

The meeting discussed the implementation of a Cooperation Agreement between Gazprom and the Voronezh Region, placing a focus on gas supply issues over 2006.

The parties highly appreciated joint businesses in the Regional gas supply sector, emphasizing that the next joint project was aimed at completing the construction of a gas lateral to the Upper Khava district centre, with the construction of a gas branch to the town of Ertil to be continued in 2006.

The meeting also underscored that Regional consumers had no debt for the gas supplied and advance gas payments by the Region were in excess of RUR 87 mln.

Reference:

Gazprom and the Voronezh Region entered into the 5-year Cooperation Agreement in October 2003.

Last year Gazprom provided the Voronezh Region’s customers with some 5 bcm of gas, with roughly the same amount slated for 2005.

The natural gas infrastructure of the Voronezh Region is developed by 64.1 per cent of maximum demand, including by 82.5 per cent in cities, towns and workers’ settlements and 31.6 per cent in rural area. The identical Russia-averaged parameters account for 53, 60 and 34.7 per cent, respectively.

Between 2002 and 2004 Gazprom channeled more than RUR 305 mln to build gas distribution grids in the Voronezh Region. Under its 2005 Program on gas supply to the RF constituents, the Company plans to invest some RUR 450 mln for the same purposes, with another RUR 1.3 bln to be committed by the Regional authorities.

 

 

 

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