Power of Siberia, Amur GPP to speed up Socio-Economic Development

Alexey Miller, Chairman of the Gazprom Management Committee and Alexander Kozlov, Acting Governor of the Amur Region.met today toaddressed the progress with the Agreement on Cooperation. In particular, they discussed the execution of the Company’s strategic projects in the Region.

The Power of Siberia section will be built in Blagoveshchensk as well as the Amur Gas Processing Plant (GPP), which will become the biggest plant in Russia and one of the biggest ones in the world.

The emergence of these powerful facilities will speed up the socio-economic development of the Amur Region, inter alia, by means of creating new jobs. Thus, up to 15 thousand people will be engaged in the Amur GPP construction during the busiest period. It is expected that once the plant reaches its design capacity, about three thousand people will work there.

Presently, the Amur GPP is being designed as well as the Lensk – Svobodny – Blagoveshchensk section of the Power of Siberia gas pipeline; preliminary activities are in progress at the plant construction site.

The parties also looked into the issues of the Company’s involvement in building up the social and sports facilities in the Amur Region.