External audit

In accordance with Article 5 of Federal Law on Audit Activities No. 307-FZ dated December 30, 2008, Gazprom’s accounting (financial) statements shall be subject to mandatory audit to be carried out by an auditing firm.

The contract for performing the mandatory audit of Gazprom’s accounting (financial) statements is concluded on the basis of the results of a tender held in electronic form in compliance with the procedure established by Federal Law on the Contracting System for the State and Municipal Procurement of Goods, Works and Services No. 44-FZ dated April 5, 2013.

In compliance with Clause 2.1.6 of the Regulation on Audit Committee of Gazprom Board of Directors approved by the Decision of the Gazprom Board of Directors No. 2314 dated February 25, 2014, the Committee harmonizes the bidding documentation, reviews the results of evaluation and comparison of bids by the bidding committee, and prepares recommendations to the Board of Directors concerning the Company’s potential Auditing Firm.

The Auditing Firm is approved by the General Shareholders Meeting.

The Auditing Firm reviews three types of statements:

accounting (financial) statements of Gazprom (parent company) prepared in accordance with the Russian legislation (Russian Accounting Standards, RAS);
consolidated accounting (financial) statements of the Gazprom Group prepared in accordance with the Russian legislation (RAS);
consolidated financial statements of the Gazprom Group prepared in accordance with the International Financial Reporting Standards (IFRS).

The Auditing Firm to carry out the mandatory audit of the above-indicated statements for 2023 was selected in an open electronic tender for the audit services contract with regard to the accounting (financial) statements of Gazprom, the consolidated accounting (financial) statements of the Gazprom Group and the consolidated financial statements of the Gazprom Group prepared in accordance with the International Financial Reporting Standards (IFRS), for the years 2023–2025. On the basis of the results of the tender, the contract for the audit services was concluded with Financial and Accounting Consultants (FBK) Limited Liability Company.

FBK is registered and operates in the Russian Federation in accordance with established procedures as a member of Association Sodruzhestvo, the Self-Regulatory Organization of Auditors (PNRE 11506030481).

FBK holds a license issued by the Federal Security Service of Russia for the activities related to the use of information constituting a state secret. The company is allowed to handle top-secret information. FBK’s registration number (35118) is valid until October 7, 2025. It is insured against professional risks by Ingosstrakh.

FBK was set up in 1990. Since then, the company’s management and experts have been actively involved in developing the regulatory framework and shaping law enforcement practices. They are also members of the executive bodies of leading professional and business associations.

FBK provides professional services in the following areas: auditing; audit-related services and other services pertaining to audit activities, including the set-up, reconstruction and maintenance of accounting statements and tax records, as well as preparation of accounting (financial) statements; advisory services in accounting, tax and law; legal assistance in the spheres related to audit activities, as well as management consulting services; IT consulting; investment support; business planning; valuation, and sustainable development services.

Thanks to 32 years of working with leading Russian businesses in all key sectors of economy, FBK has accumulated a unique practical experience in delivering large-scale projects.

Comprehensive and high-quality services, a broad product line combined with strong specialized expertise, an impeccable business reputation, highly skilled staff, and the use of up-to-date technologies and methods distinguish FBK from its competitors, earning the trust of major companies, public authorities, and the expert community.

FBK has an unparalleled record of implementing hundreds of successful projects for fuel and energy companies. By constantly interacting with oil and gas industry representatives, the company’s specialists maintain a good understanding of the problems and challenges facing the industry.

Gazprom has a long experience of cooperation with FBK; the company also audited the implementation of Gazprom’s long-term development programs and its sustainable development reports.

FBK executed more than 290 major projects for the Gazprom Group and provided a large number of consultations as part of the consulting services. The company has carried out over 100 projects involving financial and technical feasibility studies, cost effectiveness assessments for investment projects, financial modeling, business planning, and development strategies.