The Gazprom Headquarters today has hosted as part of the regular consultations a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Lord John Browne, Chief Executive of BP Group. Also taking part in the meeting was Tony Hayward, Chief Executive of BP's Exploration & Production.

The parties addressed issues relating to the bilateral cooperation and discussed, amongst other things, the possibility of creating a joint venture to develop the international business of the companies, including in the LNG sector.

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BP is one the world’s largest non-state petroleum companies. BP’s oil and natural gas reserves are in excess of 18.3 bboe and 1.4 tcm, respectively. The company’s major business lines are oil & gas field exploration and development; wholesale and retail trading in refined products; gas marketing and gas-fired power generation; petrochemicals. BP is a leader in the global LNG trade.