Intellectual property

As Gazprom is becoming increasingly involved in the globalization of the gas business, gaining ground amid market liberalization and being restructured into a vertically integrated energy major, there is a pressing need to intensify the search for promising technologies and unconventional solutions with the purpose of achieving substantial competitive advantages.

With a view to establishing uniform principles for the creation, tracking and efficient use of intellectual property at the Company, the Intellectual Property Management Concept of Gazprom was approved by the Management Committee Resolution No. 29 dated June 17, 2005.

Efficient intellectual property management should be considered a crucial aspect of Gazprom's activities that not only facilitate the successful implementation of the public policy envisioning a strategic transition to innovative development on a national level, but also help improve the economic and financial performance of the Company.