OREANDA-NEWS. The Gazprom Board of Directors has recommended the Shareholders’ Meeting to approve the allocation of Gazprom’s net profit based on the 2006 operating results.

The Board has recommended the Shareholders’ Meeting to approve proposals to pay out RUR 2.54 per share in annual dividend (a more than 69% increase versus the previous year) based on the Gazprom 2006 operating results and set December 31, 2007 as the dividend payment deadline.