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

The parties discussed the implementation of the Cooperation Agreement between Gazprom and the Kursk Oblast Government paying particular attention to the regional gasification.

A focus of the meeting also fell on the completion of a gas distribution station and a gas lateral to the town of Dmitriyev. It was pointed out that Gazprom planned to commission the said facilities this August.

Background:

The Agreement of Cooperation between Gazprom and the Kursk Oblast Administration was signed in December 2002, the Gasification Accord – in March 2007.

In 2008 Gazprom supplied the Oblast consumers with approximately 2billion cubic meters of gas and roughly the same volumes are slated for the current year.

Natural gas penetration in the Kursk Oblast totals 64.4 per cent including 80.8 per cent in cities & towns and 39 per cent in rural area. The identical figures throughout Russia average 62, 67 and 44 per cent respectively.

During 2002-2008 Gazprom invested circa RUB 2.849 billion in the gasification of the Kursk Oblast.

The 2009 investments have been identified in the amount of RUB 530 million. These funds will be used to continue the construction of nine inter-settlement gas pipelines with the total length of 224.3 km.