Today the Gazprom Headquarters has hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Oleg Korolyov, Administration Head of the Lipetsk Oblast.

The parties addressed the progress with the Agreement of cooperation between Gazprom and the Lipetsk Oblast and Gasification Program for RF regions between 2005 and 2007.

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Gazprom and the Administration of the Lipetsk Oblast had entered into the five-year Agreement of cooperation in July 2005.

In 2005 Gazprom supplied regional customers with over 4.5 bcm of gas and roughly the same amount is slated for this year.

Within a string of recent years the regional consumers haven’t had any debt to Gazprom for the gas supplied.

As at January 1, 2006 natural gas penetration in the residential sector of the Lipetsk Oblast makes up 79.3 per cent, including 88.6 per cent in cities and towns, and 63.5 per cent in rural area. The identical Russia-averaged figures account for 53, 60 and 34 per cent, respectively.

Under the Gasification Program for RF regions between 2005 and 2007, Gazprom plans to finance the construction of five local gas pipelines in the Lipetsk Oblast.

The Lipetsk Oblast Administration, on its part, plans to convert to gas 4 boilers and gasify 306 households between 2006 and 2007.