General
Shareholders
Meeting

June highlights

Gazprom held the annual General Shareholders Meeting.

The Company signed:

– Agreement on the entry of GDF SUEZ into the Nord Stream project.

– Sci-Tech Cooperation Agreement with Statoil.

– Cooperation Agreement for LNG production on the Yamal Peninsula with Novatek.

– Agreement on strategic cooperation with Foundation Project Delta Group.

– Cooperation Agreement on Shtokman field LNG transportation with Sovcomflot.

– Memorandum of Understanding on cooperation in energy saving and energy efficiency with GDF SUEZ.

– Memorandum of Understanding on strategic cooperation with Gasunie (2010–2012 Program for Sci-Tech Cooperation between Gazprom and Gasunie was approved, as well).

– Memorandum of Understanding on cooperation in the field of LNG with Siemens AG.

– Partnership Agreement for 2010–2014 with the Yaroslavl Oblast.

– Cooperation Agreement with the Tyumen Oblast.

– Agreement on wider use of natural gas as a transportation fuel with the Orel Oblast.

As part of the South Stream project, the Company:

– completed the Feasibility Study for the pipeline’s offshore section and started the Comprehensive Feasibility Study embracing both the offshore and the onshore sections of the gas pipeline.

– inked the Memorandum on EDF’s entry in the South Stream project shareholding structure.

– signed the Charter of the joint venture company South Stream Greece S.A. being set up on a parity basis by Gazprom and DESFA S.A. for the implementation of the Greek section of South Stream.

– started negotiations with Romania and Macedonia on their potential participation in the South Stream project.

– appointed Marcel Kramer as Chairman of the Board of Directors and Chief Executive Officer of the South Stream project.

The issues of Russian gas supply to Belarus were settled.

The Company endorsed the Comprehensive Goal-Oriented Program of Metrological Support for natural gas and liquid hydrocarbons extraction, transportation, processing, treatment, storage and supply processes for the period from 2011 through to 2015.

Gazprom and E.ON Ruhrgas marked the 20th anniversary of cooperation in personnel training and development.

The Company’s delegations took part in the St. Petersburg International Economic Forum, the European Business Congress, and the opening of the Russian National Exhibition “Russia and France – a Single Economic and Humanitarian Space” that was dedicated to the year of Russia in France.