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GAZPROM

February 25, 2011

Severneftegazprom elects Stanislav Tsygankov as Director General

The Board of Directors of Severneftegazprom elected Stanislav Tsygankov, Head of the Gazprom International Business Department as the company's Director General.

 

Background:

Severneftegazprom holds a license for geological exploration and hydrocarbons production within the Yuzhno-Russkoye subsurface block.

The Yuzhno-Russkoye oil and gas field is located in the Krasnoselkupsky District of the Yamal-Nenets Autonomous Okrug. The start-up complex of the field was put into operation in October 2007. The annual design capacity is 25 billion cubic meters of gas.

Major activities of Severneftegazprom:

- infrastructure creation at the Yuzhno-Russkoye field and the field development;

- natural gas production, collection, treatment and marketing;

- prospecting and geological exploration;

- construction management.

Severneftegazprom currently has the following shareholding structure: Gazprom holds 50 per cent plus six ordinary registered shares, BASF SE holds 25 per cent less three ordinary registered shares and plus three preference non-voting shares, E.ON AG holds 25 per cent less three ordinary registered shares and plus three preference non-voting shares.

 

 

 

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