Today at the Gazprom headquarters Alexey Miller, Chairman of the Company's Management Committee and Yegor Borisov, President of the Republic of Sakha (Yakutia) signed the Partnership Agreement for socioeconomic development driven by the Eastern Gas Program implementation.

The Agreement provides for a set of joint measures aimed at:

• creation and development of the social and production infrastructure in the Republic along with Gazprom's regional activity expansion;
• arrangement of long-term gas supply to the Far Eastern consumers and building Gazprom's business in Asia-Pacific markets;
• gasification development in regional population centers.

Pursuant to the document, the Republic will help Gazprom to work out measures of state support for the gas industry development projects in Eastern Russia and to form the power supply and transport infrastructure in Yakutia intended for efficient implementation of the Eastern Gas Program.

In addition, Yakutia will allocate lands for the infrastructure creation by Gazprom as part of the Chayanda field development.

In turn, Gazprom will take a set of measures to develop the Chayanda field following the plan of putting its oil rim and gas deposits into pilot commercial operation in 2014 and 2016 respectively. Meanwhile, the Company carries out the required environmental actions.

Gazprom will provide employment assistance in the region offering jobs at its facilities. Social investment projects and the regional gasification program will be continued. Moreover, the Company will build a multifunctional sports complex for children in Yakutsk as part of the Gazprom to Children program.

“Gazprom's operations geography expands eastwards. The demand for energy carriers in Eastern Russia and Asia-Pacific markets is rapidly growing with almost no infrastructure in this region. The focus of Gazprom's investment activity is moving here with Yakutia being among the key regions of our endeavors. There is no doubt that we will timely meet the tasks on the Chayanda field development and the Yakutia – Khabarovsk – Vladivostok gas trunkline construction,” Alexey Miller stated.

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