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Gazprom/China contract can be signed in May.

Gazprom can sign a gas shipment contract with China in May, A.Miller, chief executive of Gazprom, said at the government meeting.

The contract period covers 30 years. It stipulates delivery of 38bn m3. These figures can be increased in the long term to come to the volume

exported to Europe.
Gazprom (TIN 7736050003) is the largest gas company in the world. The share capital is equal to 118.367bn rub. split in 23673512900 common stocks

of 5 rub. par. The working interest is held by the government. In 2012 Gazprom reduced output 5.1% to 482.251bn m3 of gas.

The 9-month 2013 net profit (RAS) climbed down 9.1% to 466.6bn rub. from 513.091bn rub. prior year; revenues rose 7% to come to 2.817tril rub. from 2.632tril rub.; revenues from gas sales - 2.6% to 2.073tril rub. from 2.021tril rub.

The 9-month 2013 net profit moved up 3.5% (IAS) to 858.773bn rub.; revenues from sales increased 13% to 3.773tril rub. including net revenues

from gas sales - 2.124tril rub. from 1.829trill rub.; operating expenses increased 5% to 2.597tril rub.

"AK&M", 05.03.2014


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