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GAZPROM

June 3, 2008

On meeting dedicated to gas supply to Yakutia and development prospects for Chayandinskoye field

Headed by Alexander Ananenkov, Deputy Chairman of Gazprom’s Management Committee the Company’s delegation continues its business trip across the Far East and the Transbaikal region.

Today in Mirny Alexander Ananenkov and Republic of Sakha (Yakutia) President Vyacheslav Shtyrov co-chaired a joint meeting between Gazprom and the Republican Government on the organization of gas supply to and gasification of the Republic of Sakha (Yakutia) as well as on the development prospects for the Chayandinskoye oil, gas and condensate field (OGCF).

Present at the meeting were Vasily Podyuk, Member of the Management Committee, Head of the Gas, Gas Condensate and Oil Production Department of Gazprom, Viktor Ilyushin, Member of the Management Committee, Head of the Department of Relationships with the Russian Federation Regions of Gazprom, heads and specialists from Gazprom’s core business outlets and subsidiaries, representatives of the Republic of Sakha (Yakutia) Government, Transneft, Surgutneftegaz, Alrosa and others.

The participants addressed the outlook for the development of the Chayandinskoye OGCF and the creation of the Yakutia – Khabarovsk – Vladivostok gas trunkline. Emphasis was put inter alia on the fact that the work plans must secure the commissioning of gas production and transportation capacity in 2016.

Special attention was paid to the need of conserving petroleum associated gas resources when developing Yakutia’s oil and gas reserves. This required broader interaction of all oil and gas companies operating in the Republic.

The parties also exchanged opinions on matters surrounding the establishment of gas processing and chemicals facilities based on the Yakutsk gas production center being set up at the moment.

Moreover, the meeting addressed the major development directions of gas supply to and gasification of Yakutia as part of the General Scheme of gas supply to the region being developed by Gazprom.

“Gazprom views the Republic of Sakha (Yakutia) as a most crucial partner as part of the Eastern Gas Program. The Yakutsk gas production center development will play a key role for meeting gas industry challenges in eastern Russia,” stressed Alexander Ananenkov.

“Gazprom’s presence in the Republic of Sakha (Yakutia) implies for us further steady socioeconomic development of the region. We are open for cooperation,” said Vyacheslav Shtyrov.

Based on the meeting results Gazprom’s core business units and the Republic of Sakha (Yakutia) Government were tasked accordingly.

 

 

 

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