Warsaw hosted a meeting of EuRoPol GAZ’s Supervisory Council (SC) presided by Alexander Ananenkov, Deputy Chairman of Gazprom’s Management Committee.

The SC Members, including Konstantin Chuichenko, Gazprom’s Management Committee Member and Head of Gazprom’s Legal Department as well as Stanislav Tsygankov, Head of Gazprom’s Foreign Relations Department were among the participants to the meeting.

The parties addressed the construction of compressor stations along the 1st line of the Polish section of the Yamal-Europe gas pipeline.

The SC resolved to choose PricewaterhouseCoopers’ Polish branch as EuRoPol GAZ’s auditor for the period between 2004 and 2006.

The SC Members also debated the construction of EuRoPol GAZ’s Warsaw-based administrative building and dispatching center, with relevant documents due for submission by the Polish company’s Management Board in the 1st quarter of 2005.

Reference:

EuRoPol GAZ Transit Gas Pipeline System was incorporated in September 1993 within the Inter-Governmental Agreement on the construction of a gas pipeline system for Russian gas transit via and Russian gas deliveries to Poland, dated 25 August 1993. EuRoPol GAZ’s major businesses are designing, constructing and operating the Polish section of the Yamal-Europe gas pipeline.

EuRoPol GAZ owns 684 km of the Yamal-Europe gas pipeline in Poland as well as the Kondratki and Wloclawek compressor stations making the gas pipeline annual throughput some 22 bcm.

EuRoPol GAZ’s major shareholders are Gazprom and Polish Oil and Gas Company (PGNiG).

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