OREANDA-NEWS. October 27, 2009. The Board of Directors took notice of the information on the Company's pricing policy for natural gas and oil products supplied by Gazprom to Russian consumers in the financial crisis environment, as well as on the domestic gas sales efficiency.

The Management Committee was entrusted to continue cooperating with federal executive authorities on transition to market-based pricing principles in the domestic gas sector from 2011.

The Board of Directors’ meeting noted that efforts were taken to coordinate the draft Russian Federation Government Decree “On marking changes in the governmental acts related to gas supply, including price (tariff) regulation”, as well as to adopt the Russian Federation Government Decree providing for resumption of natural gas sales at the electronic trading platform on the basis of gas exchange technologies and for arrangement of natural gas sales at commodity exchanges.