The Gazprom Headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Loscher, President and Managing Board Chairman of Siemens AG.

The parties reviewed the progress in implementing the Agreement on Strategic Partnership and particularly addressed the development prospects for the projects aimed at creating energy service infrastructure and LNG production technologies. The meeting participants approved the activities of the joint working groups promoting the said areas of cooperation and noted that both Gazprom and Siemens AG had excellent opportunities for furthering the reliable and mutually beneficial partnership on the international energy market.

Background:

Gazprom and Siemens have been actively cooperating since 1993 within telecommunications and technology process automation projects. In particular, the companies created the Moscow digital communication zone and data transmission network – Gazsvyaz, the automatic telephone exchange network – Gazprom transgaz Makhachkala, the communications network Gaztelecom, as well as automated the comprehensive gas treatment unit at the Yamburg field.

On April 3, 2008 Gazprom and Siemens AG signed the Agreement on Strategic Partnership. At the moment, Gazprom and Siemens are developing their cooperation in the following directions: innovation development, automation, IT, telemechanics and telecommunications; power generation; compressor station equipment; offshore oil & gas field development technologies; facility and building security systems; energy saving and environmental protection; novel medical technologies; project financing.