The Board of Directors of Gazprom at the meeting July 21, 2009 evaluated the effectiveness of major financial investment companies in the electricity business of the work for 2008, said Gazprom.
At the meeting it was noted that, despite the impact of global crisis on the profitability of the electricity in the future, you can count on substantial growth in their revenues and market capitalization. This is due to plans by the Government of the Russian Federation on further liberalization of the wholesale electricity market, as well as the development of market power in Russia in terms of transparent return on investment.
of the company to organize the work to further improve the efficiency of investments in the energy industry.
The Board of Directors of OAO Gazprom also took note of the measures to improve the reliability of the transmission system company, and authorized the board to work on keeping in 2009-2010 reliable operation of the transmission system in the context of the global financial crisis.
In particular, the board was given orders to prepare in 2010 a comprehensive overhaul of the linear part of the main gas pipelines of Gazprom in the 2011-2015 biennium. and comprehensive program of reconstruction and technical re-equipment of the transport of gas compressor stations and underground storage for the 2011-2015 biennium.
Board was also asked to improve management and maintenance of the integrity of the linear part of the main gas pipelines, said the company.
In addition, the Board of Directors formed a Committee of the Board of Directors of OAO Gazprom on the audit. Chairperson of the Committee elected Valery Musin, members of the committee - Farit Gazizullin and Mikhail Sereda. The Board of Directors also approved a work plan for the 2 half of this year.
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Gazprom is expected to increase revenues and market capitalization of the electricity sector in relation to the liberalization of electricity market
The Board of Directors of Gazprom at the meeting July 21, 2009 evaluated the effectiveness of major financial investment companies in the electricity business of the work for 2008, said Gazprom.
At the meeting it was noted that, despite the impact of global crisis on the profitability of the electricity in the future, you can count on substantial growth in their revenues and market capitalization. This is due to plans by the Government of the Russian Federation on further liberalization of the wholesale electricity market, as well as the development of market power in Russia in terms of transparent return on investment.
of the company to organize the work to further improve the efficiency of investments in the energy industry.
The Board of Directors of OAO Gazprom also took note of the measures to improve the reliability of the transmission system company, and authorized the board to work on keeping in 2009-2010 reliable operation of the transmission system in the context of the global financial crisis.
In particular, the board was given orders to prepare in 2010 a comprehensive overhaul of the linear part of the main gas pipelines of Gazprom in the 2011-2015 biennium. and comprehensive program of reconstruction and technical re-equipment of the transport of gas compressor stations and underground storage for the 2011-2015 biennium.
Board was also asked to improve management and maintenance of the integrity of the linear part of the main gas pipelines, said the company.
In addition, the Board of Directors formed a Committee of the Board of Directors of OAO Gazprom on the audit. Chairperson of the Committee elected Valery Musin, members of the committee - Farit Gazizullin and Mikhail Sereda. The Board of Directors also approved a work plan for the 2 half of this year.
Ministry of Finance became the owner of 99,97% shares in Bank Rodovid
The Board of Directors of the IMF approved the allocation of SDR 250 billion, Russia will receive U.S. $ 6.87 billion
Recommendations on the stock market: Lukoil, NorNikel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Analysis of Futures and Options on RTS index
Recommendations for actions Gazprom oil VTB prefam Transneft and futures on RTS index
FINAM depressed stock assessment RusGidro
Revenues INTER RAO UES on the basis of 2008 under IFRS grew by 31% and amounted to 1.7 billion euro
On the U.S. market trading ended yesterday, the growth of leading indexes
Yesterday metals traded on the LME, again completed growth