Chaired by Alexander Ananenkov, Deputy Chairman of Gazprom Management Committee a meeting on Kamchatka Krai gasification issues took place at Gazprom Headquarters.

The meeting was attended by Bogdan Budzulyak, Member of the Management Committee, Head of the Gas Transportation, Underground Storage and Utilization Department, Vasily Podyuk, Member of the Management Committee, Head of the Gas, Gas Condensate and Oil Production Department, Yaroslav Golko, Member of the Management Committee, Head of the Investment & Construction Department, leaders and experts from the Company’s structural units as well as subsidiaries – Gazprom Invest Vostok, Promgaz and Burgaz.

The participants discussed topical issues in relation to the implementation of a Paramount Actions Plan within the Gas Supply to the Kamchatka Oblast, Phase 1 – Gas Supply to Petropavlovsk-Kamchatsky project.

A focus was put on issues concerning the project work completion and the regional gas supply scheme development status.

The meeting resulted in the taking of the decisions aimed at timely executing the order by the Russian Federation Government to arrange for gas supply to the Kamchatka Krai.

Reference:

In September 2007 the Russian Federation Government adopted the decision prescribing Gazprom to get involved in the Gas Supply to the Kamchatka Oblast, Phase 1– Gas Supply to Petropavlovsk-Kamchatsky Project. The Russian Federation Government gave specific instructions on the relevant issues of the project.

The project stipulates developing a number of small gas condensate fields on the western coast of the Kamchatka Peninsula and constructing the Sobolevo-Petropavlovsk-Kamchatsky gas main as well as distribution networks in Petropavlovsk-Kamchatsky.

The total length of the Sobolevo-Petropavlovsk-Kamchatsky is to amount to 398 km, of which only 96.6 km are built. Construction was suspended in 2002. The project customer is Kamchatgazprom where the federal authorities hold a controlling stake. The Russian Federation Government orders stipulate Gazprom’s acquiring Kamchatgazprom shares.

In December 2007 Gazprom and the Kamchatka Krai Administration signed a Gasification Accord.