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GAZPROM

February 27, 2006

On working meeting between Alexey Miller and Yury Luzhkov

Gazprom’s Headquarters has hosted today a working meeting between Alexey Miller, Chairman of Gazprom’s Management Committee and Yury Luzhkov, Mayor of the city of Moscow.

The parties reviewed the implementation of an Accord on cooperation over 2005, addressing the prospects for further interaction. In particular, the parties touched upon a Draft accord on cooperation between Gazprom and the Moscow Government, and gas deliveries to the city’s consumers over 2006.

Additionally the meeting dealt with matters surrounding the Gazprom subsidiary Sibneft’s involvement in managing the Moscow Refinery and the need of repaying gas debts of a string of Moscow-based companies.

Reference:

In April 2002 Gazprom and the Moscow Government inked a five-year Agreement on cooperation. The Accord on cooperation over 2005 was signed on December 29, 2004.

In 2005 Gazprom supplied the city of Moscow with some 28 bcm of gas and roughly the same amount is scheduled for this year.

Moscow’s gas debt to Gazprom has shrunk in 2005 by over RUR 258 mln to some RUR 2 bln as of January 1, 2006, with the Federal Unitary Enterprise Mosgas, Mosenergo and the automobile plant AMO ZIL owning the bulk of the debt (more than 98 per cent of the total).

 

 

 

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