Gazprom’s Headquarters hosted yesterday a working meeting between Alexander Ananenkov, Acting Chairman of Gazprom’s Management Committee and Jeffrey Woodbury, President of ExxonMobil Russia Inc.

The meeting addressed potential interaction between the companies when implementing the Program on setting up in Eastern Siberia and the Far East an integrated gas production, transmission and supply network, taking into account potential gas exports to Asia Pacific. In this connection, the parties also debated interaction between Gazprom and ExxonMobil while developing the Sakhalin-1 Project identified as a paramount cooperation project.

Alexander Ananenkov and Jeffrey Woodbury exchanged opinions on wider bilateral dialogue on other promising projects, the Shtokmanovskoye gas condensate field project, inclusive.

Reference:

ExxonMobil Corporation is a privately-held joint-stock company incorporated through a merger of Exxon and Mobil’s assets (70% and 30%, respectively).

ExxonMobil is the world’s premier petroleum business. In 2003, ExxonMobil extracted 918 million barrels of oil & gas condensate and 94 bcm of gas. The company is exercising control over 11.8 billion barrels of oil reserves and 1.6 tcm of gas resources. The Corporation is actively involved in refining as well as LNG business promotion.

As of 31 December 2003, ExxonMobil’s annual turnover, net profit and workforce accounted for USD 246.7 billion, USD 21.5 billion and over 88 thousand people, respectively.

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