Gazprom-AR2014

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Environment and Social Responsibility 105 Reduced gas consumption for operational needs, GTS upgrades and improvements to GPUs technical condition through repairs accounted for more than 75% of the total reduction of energy consumption in gas transportation, which is the Company’s most energy-intensive activity. The goal of the mid-term Energy Saving and Energy Efficiency Programme for 2014–2016 is to further improve the energy efficiency of primary and auxiliary production processes by implementing economically sound energy-saving initiatives, reduce energy intensity, and cut the costs of the fuel and energy component in the production costs. Companies of Gazprom neft, Gazprom energoholding and Gazprom neftekhim Salavat are not included in OAO Gazprom’s Energy Saving Programme. In accordance with applicable laws, these companies develop their own energy saving and energy efficiency programmes. These programmes are guided by the general principles underpinning Gazprom Group’s energy saving and energy efficiency policy, which are based on applicable federal laws. OAO Gazprom Annual Report 2014
106 Environment and Social Responsibility Social Projects Due consideration for public interest is a guiding principle for Gazprom’s operations. Living up to its reputation as a socially responsible business, Gazprom builds sports and cultural facilities in the regions where it operates, promotes and provides support to sports, science and arts. OAO Gazprom focuses its sponsorship and charity efforts on such areas of public life as sports, culture, education, and science. The Company supports projects that aim to revive national values. OAO Gazprom’s corporate sports events and festivals Spartakiads The 10 th Winter Spartakiad brought together 20 adult and 11 children’s teams representing 22 subsidiaries of OAO Gazprom. OAO Gazprom holds its annual Spartakiad with the primary goals of promoting healthy lifestyles, and physical and moral strength among employees of OAO Gazprom’s subsidiaries and entities, and their children, as well as sharing experience in physical education and mass sports, and maintaining athletic traditions. The games take place in cities where OAO Gazprom’s subsidiaries operate. The landmark winter games took place in Yekaterinburg from the 1st through the 8th of March 2014. During the week, athletes competed in six sports at eight sports facilities in Yekaterinburg for more than a hundred sets of awards. Adults competed for medals in cross-country skiing, polyathlon, indoor soccer, table tennis and shooting sports. The children’s Spartakiad programme included cross-country skiing, ice hockey, table tennis, and indoor soccer. The games brought together 20 adult and 11 children’s teams representing 22 subsidiaries of OAO Gazprom. Flare corporate festival Gazprom’s corporate festival Flare that brings together groups of amateur performers and individual amateur performers from among the staff of OAO Gazprom’s subsidiaries and entities has been held since 2003. Best performers are selected during the first round and proceed to the semi-finals. In 2014, the semi-finals (southern zone) took place in October, in Belgorod, and were attended by about 1,500 participants from 19 subsidiaries of OAO Gazprom. Flare’s qualifying competition (northern zone) that took place in Khanty-Mansyisk also hosted more than 1,500 participants and guests from 18 subsidiaries of OAO Gazprom. The Festival’s finals are scheduled to be held in May 2015, and will be attended by representatives of 37 of OAO Gazprom’s subsidiaries. Flare is a platform enabling all employees of the Gazprom Group and their children to demonstrate their skills, share experience and obtain invaluable guidance from prominent musicians. A. Permiakova (the Festival’s presiding judge, a People’s Artist of Russia, a winner of the Russian Government’s award, a member of the Presidential Council for Culture and Arts Presidium, Professor, and the Director of the Pyatnitsky Russian Folk Chorus), S. Popov (President of the Russian Dance Union, Vice President of the World DanceSport Federation), S. Milshtein (a member of the International Trumpet Guild), G. Apanayeva (the Administrator and Art Director of the Igor Moiseyev State Academic Folk Dance Ensemble), A. Yarmolenko (the Art Director of the Belarus honoured pop group Syabry), I. Zhiganov (the Art Director of the children’s musical theatre Domisolka) shared their skills with Flare’s participants. Flare has outgrown the format of amateur acts. Its level is so high that some of its participants have already moved on to the professional stage. OAO Gazprom Annual Report 2014
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OAO Gazprom Annual Report 2014 The
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Contents 4 Statement of OAO Gazprom
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4 Statement of OAO Gazprom’s Chai
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6 Major results Gazprom Group Resul
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8 Company Information OAO Gazprom
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10 Company Information OAO Gazprom
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12 Company Information Track Record
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14 Company Information Gazprom Grou
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16 Company Information Operations a
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18 Business Development Prospects S
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20 Business Development Prospects G
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22 Business Development Prospects E
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24 Business Development Prospects T
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26 Business Development Prospects E
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28 Business Development Prospects P
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30 Business Development Prospects U
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32 Business Development Prospects S
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34 Board of Directors and Managemen
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42 Board of Directors’ Report on
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48 Trends and Developments on Oil a
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Page 55 and 56: 54 Performance Results Exploration
Page 57 and 58: 56 Performance Results Distribution
Page 59 and 60: 58 Performance Results Distribution
Page 61 and 62: 60 Performance Results The company
Page 63 and 64: 62 Performance Results Hydrocarbon
Page 65 and 66: 64 Performance Results Transportati
Page 67 and 68: 66 Performance Results Gas transpor
Page 69 and 70: 68 Performance Results Gas Infrastr
Page 71 and 72: 70 Performance Results Hydrocarbon
Page 73 and 74: 72 Performance Results Gazprom, on
Page 75 and 76: 74 Performance Results OAO Mezhregi
Page 77 and 78: 76 Performance Results Major invest
Page 79 and 80: 78 Performance Results European gas
Page 81 and 82: 80 Performance Results In accordanc
Page 83 and 84: 82 Performance Results Oil and gas
Page 85 and 86: 84 Performance Results Sales of ref
Page 87 and 88: 86 Innovations In 2014, the budget
Page 89 and 90: 88 Innovations — produced a techn
Page 91 and 92: 90 Innovations 14 meetings of coord
Page 93 and 94: 92 Environment and Social Responsib
Page 101 and 102: 100 Environment and Social Responsi
Page 105: 104 Environment and Social Responsi
Page 111 and 112: 110 Corporate Governance OAO Gazpro
Page 113 and 114: 112 Corporate Governance Corporate
Page 115 and 116: 114 Corporate Governance Summary of
Page 117 and 118: 116 Corporate Governance Remunerati
Page 119 and 120: 118 Corporate Governance In additio
Page 121 and 122: 120 Corporate Governance Liability
Page 123 and 124: 122 Corporate Governance Audit Comm
Page 125 and 126: 124 Corporate Governance The intern
Page 127 and 128: 126 Corporate Governance Efficient
Page 129 and 130: 128 Corporate Governance Stock Mark
Page 131 and 132: 130 Corporate Governance Dividend P
Page 133 and 134: 132 Risk Management Gazprom has con
Page 135 and 136: 134 Risk Management Customs, curren
Page 137 and 138: 136 Glossary ADR of OAO Gazprom APG
Page 139 and 140: 138 Corporate Governance Units of M
Page 141 and 142: 140 Additional information List of
Page 143 and 144: 142 Additional information 11. Adde
Page 145 and 146: 144 Additional information 27. Bank
Page 147 and 148: 146 Additional information 45. Adde
Page 149 and 150: 148 Additional information 59. Trad
Page 151 and 152: 150 Additional information 68. Trad
Page 153 and 154: 152 Additional information 84. Cont
Page 155 and 156: 154 Additional information 96. Volu
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156 Additional information Inclusio
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158 Additional information Improvem
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160 Additional information These ef
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162 Addresses and Contact Details F
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