OREANDA-NEWS. February 25, 2009. Board of Directors addresses Gazprom’s participation in offshore field development as well as implementation of key principles of financial strategy under global capital market crisis

The Board of Directors’ meeting has adjourned at the Gazprom Headquarters.

The Board of Directors approved the work done by Gazprom’s executive bodies relevant to the resource base expansion and Russian offshore fields pre-development.

The Board of Directors entrusted the Management Committee with the following tasks:
to adjust before the year-end a Program of Gazprom’s activities aimed at hydrocarbon resources development on the Russian Federation shelf until 2030 (taking into account new offshore licenses);
to proceed with bringing onstream the top-priority fields on the Russian Federation shelf: Prirazlomnoye oil field in 2011, Shtokman gas and condensate field in 2013 and Kirinskoye gas and condensate field in 2014;
to continue cooperating with the federal authorities on the government support measures when developing Russian shelf;
to prepare a plan of actions on staffing and organizational support for field development projects of on Russia’s shelf;
to continue the resource base preparation and offshore field development beyond Russia.
The Board of Directors also took into account the information on the progress in implementing the key principles of Gazprom’s financial strategy under the global capital market crisis.