The Gazprom Headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Anatoly Artamonov, Governor of the Kaluga Oblast.

The meeting addressed the progress with the Cooperation Agreement inked between Gazprom and the Kaluga Oblast. Special attention was paid to the issues of the region’s gasification. In particular, the parties discussed the operations to be performed in 2010 in order to carry over the Kaluga-1 gas distribution station (GDS) with supply and departure gas pipelines from the construction area of Kaluga. Building of the Vorotynsk GDS and the Medyn GDS with gas laterals as well as reconstruction of the Vorobyi GDS and Karpova GDS were also discussed.

In addition, Alexey Miller and Anatoly Artamonov covered the possibility of Gazprom participation in the power generating facilities construction in the Kaluga Oblast.

Background:

The Cooperation Agreement between Gazprom and the Kaluga Oblast Government was signed in November 2001 without restriction on the period of validity, the Gasification Accord – in February 2002.

Gazprom supplies natural gas to the Kaluga Oblast in the approved amounts.

Natural gas penetration in the Kaluga Oblast totals 76 per cent including 86.7 per cent in cities and towns and 45.4 per cent in the rural area. (The identical figures throughout Russia average 62, 67 and 44 per cent respectively).

From 2005 to 2008 Gazprom invested about RUB 1.5 billion to gasify the Kaluga Oblast.

This year the Company has spent for the above mentioned purposes about RUB 380 million to finish the construction of 11 inter-settlement gas pipelines with the total length of some 108 kilometers and to continue the construction of 8 inter-settlement gas pipelines with the total length of approximately 85 kilometers. The investments cover the design and exploration works to build another two gas pipelines as well.