OREANDA-NEWS. The Board of Directors of Gazprom heard a report on project financing methods being applied by Gazprom.

The Board of Directors entrusted the Management Committee with further selecting and preparing projects to be executed through project financing methods, including preparing internal documents and developing a range of procedures to ensure efficient project monitoring.

Project financing principles are being applied within the following projects: development of the Achimov deposits at the Urengoy gas and condensate field, Nord Stream gas pipeline construction, completion of the Novy Urengoy Gas Chemicals Complex construction.

A focus is also placed on the possibility of applying project financing principles within the Yuzhno-Russkoye gas and oil field project.