№ 1

OPEN JOINT-STOCK COMPANY GAZPROM

GAZPROM and Strategic Partnership GAZPROM and Strategic Partnership for Enhancing Energyfor Enhancing Energy SecuritySecurity

Member of Gazprom's Management Committee, Member of Gazprom's Management Committee, Head of the Department of Strategic DevelopmentHead of the Department of Strategic Development

RusakovaRusakova

V.V.V.V.

NovemberNovember

1919, 2008, 2008

№ 2

Annual natural gas reserves increment due to geological exploration and production

499

427378

592591583526 553548

549556555

0

100

200

300

400

500

600

700

2002 2003 2004 2005 2006 2007

bcm

Gas reserves increment Production

№ 3

Fields Fields PPotential outputotential output (bcm)(bcm)

Zapolyarnoye 100

Pestcovoye 27.5

Yuzhno-Russkoye 25

Etiy – Purovskoye 15

Aneryakhinskaya areaof Yamburg Field 10

Vingayakhinskoye 5

En – Yakhinskoye 5

Tab – Yakhinskaya areaof Yrengoy Field 5

Putting on production (2001-2007)

№ 4

Russian Unified Gas Supply System

Gas fields in exploration andGas fields in exploration and productionproduction 8833

Total length of gaspipelines, kmTotal length of gaspipelines, km 115588..22Compressor stations (CS)Compressor stations (CS) 278278

Total compressorTotal compressor capacity, MMkWcapacity, MMkW 45.945.9

Underground storage facilitiesUnderground storage facilities 2525

№ 5

Investments

0

300

600

900

2006 2007 2008(forecast)

billi

on r

oubl

es

total investments

№ 6

Collaboration between Gazprom and Wintershall

ExplorationExploration and Gasand Gas productionproduction in Russiain Russia 2008 – Achimovskie deposits of Urengoy gas field 2007 – Yuzhno-Russkoye field

TTransportationransportation andand underground gas storage underground gas storage 1998 – gas pipeline Vedal 1999 – gas pipeline Yagal 2007 – gas pipeline UGS Khaydach

Distribution and marketingDistribution and marketing 1990 – establishment of joint ventures WIEH

ExplorationExploration GasGas productionproduction

Distribution Distribution andand

marketingmarketingProcessingProcessing TransportationTransportation

and storagesand storages

№ 7

Yuzhno-Russkoye Field

Project participants

GAZPROM

BASF AG

E.ON AG

№ 8

Shtokman field

Strategic importance of ShtokmanStrategic importance of Shtokman field field giant reserves of hydrocarbonsgiant reserves of hydrocarbonscloseness to markets closeness to markets possibility of both pipeline and LNG projects possibility of both pipeline and LNG projects realizationrealization

№ 9

North stream: Direct link between Gazprom and European customers

LengthLength of sea section, km of sea section, km ~ 1200~ 1200Producing capacity, bcm/yearProducing capacity, bcm/year ~ 55~ 55

№ 10

South stream

Project Status

Special Company South Stream AG established

Partners: Gazprom, EniBased: SwitzerlandMain tasks: Market research and feasibility study for the projectFeasibility study: Completed by the end of 2008

№ 11

Principle scheme of the United system of gas production and transportation

in Eastern Siberia and the Far East

№ 12

JOINT-STOCK COMPANY GAZPROM

GAZPROM and Strategic Partnership GAZPROM and Strategic Partnership for Enhancing Energyfor Enhancing Energy SecuritySecurity

Member of Gazprom's Management Committee, Member of Gazprom's Management Committee, Head of the Department of Strategic DevelopmentHead of the Department of Strategic Development

RusakovaRusakova

V.V.V.V.

NovemberNovember

1919, 2008, 2008