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GAZPROM

November 25, 2003

The Board of Directors examined the procurement issue

At a meeting held at Gazprom’s headquarters the Board of Directors considered information on Gazprom’s procurement priorities.

The Management Committee approved the work done, and submitted for approval of the Board of Directors the provision on priority purchases to be accomplished primarily on a contest basis.

Reference

Goods are purchased for the Gazprom Group of companies through an exclusive supplier, Gazkomplektimpex, solely responsible for procurement since the summer 2002. By October 1, 2003, Gazkomplektimpex has supplied to Gazprom’s subsidiaries some 70% of the total scope of supply (on October 1, 2000, this index accounted for 30%).

DIVISION OF RELATIONS WITH MASS MEDIA

 

 

 

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