The Gazprom delegation headed by Alexey Miller, Chairman of the Company's Management Committee took part today in the celebrations marking the 50th anniversary of Gazprom transgaz Nizhny Novgorod.

Participating in the event wereValery Shantsev, Governor of the Nizhny Novgorod Oblast, Nikolai Merkushin, Head of the Republic of Mordovia, Mikhail Ignatyev, President of the Chuvash Republic, Igor Schegolev, Director General of Gazprom transgaz Nizhny Novgorod, the company's veterans and employees as well as heads of the Gazprom subsidiaries.

 “Over 50 years, Gazprom transgaz Nizhny Novgorod has evolved from the Line Pipe Operation Center into a largest gas transmission subsidiary of Gazprom. The company ensures reliable gas supply to fourteen Russian regions.

This activity is extremely important and responsible. Gas supplies to domestic consumers have always been and remain the main stream for Gazprom. Now they are gradually approaching the profitability of our gas exports to Europe. It means that the Russian gas market becomes a major competitor to the European one.

Surely, domestic gas sales will actively develop at a new level as the case was with the famous Nizhny Novgorod fair some time ago,” said Alexey Miller presenting the historic photo “Panorama of Nizhny Novgorod Fair in 1891” to the company team.

Background:

Gazprom transgaz Nizhny Novgorod is a 100 per cent subsidiary of Gazprom. The company comprises 26 branches including 16 line pipe operation centers.

Gazprom transgaz Nizhny Novgorod operates over 12.5 thousand kilometers of gas pipelines and branches, 18 compressor stations, and annually conveys more than 240 billion cubic meters of gas.