OREANDA-NEWS. On 3 October 2006 OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the three months ended 31 March 2006.

In the three months ended 31 March 2006 sales of oil and gas products increased by RR 64,798 million, or 192%, primarily due to increased market prices for oil and gas products in the three months ended 31 March 2006 compared to the three months ended 31 March 2005, as well as the inclusion of Gazprom Neft Group in the consolidated financial information.

In the three months ended 31 March 2006 net sales of crude oil and gas condensate increased by RR 42,914 million. The increase of sales in this segment is explained by the inclusion of Gazprom neft Group in the consolidated financial information of Gazprom Group for the three months ended 31 March 2006.