In accordance with the Main Regulations on Functioning of Retail Electric Energy Markets approved by Resolution No 442 of the Government of the Russian Federation dated May 04, 2012 and in connection with expiry of the term for which the status of the Guaranteeing Supplier within the Murmansk Region was conferred on the territorial grid companies, the Ministry of Energy of the Russian Federation prolonged validity of IDGC of the North-West, JSC  (subsidiary company of Russian Grids, JSC) status as the Guaranteeing Supplier within the said territory from March 1, 2014 and until the decision takes effect on conferring the Guaranteeing Supplier status on the winner of the contest with regard to the specified Guaranteeing Supplier activity zone but for a term not in excess of 12 months (Order No 88 of the Ministry of Energy of the Russian Federation dated February 28, 2014).