Gazprom-AR2014

Performance Results
67
Major investment projects
Gazprom Group’s gas transportation capex was RUB 434.4bn in 2014 (up by 14.2% y-o-y).
The bulk of capex was used to finance the projects for the construction of the Bovanenkovo —
Ukhta gas pipeline system, and for expanding the UGSS to supply gas to the South Stream gas
pipeline.
Commissioned gas transportation facilities in 2014
In Russia:
— 1,276.9 km of trunk pipelines and branch connections;
— 4 CSs on the pipelines with an aggregate capacity of 416 MW (including 2 CSs on the Bovanenkovo — Ukhta trunk
pipeline system with an aggregate capacity of 256 MW).
Investments in underground gas storage totalled RUB 15.5bn in the reporting year, down by
RUB 8.0bn (34.0%) y-o-y.
The major part of capital expenditures in underground gas storage in Russia was used to
upgrade gas production facilities at the Peschano-Umetskaya gas underground storage station,
gas production facilities and compressors of the Yelshanskoye underground gas storage station,
upgrade of the Sovkhoznoye UGSF, technical re-equipment of the Moscow Underground Gas
Storage, and to enhance active capacity and daily throughput at the Kasymovskoye UGSF.
Commissioned underground gas storage facilities in 2014
In Russia:
— new 9.6 MW of compressor station capacity at the Nevskoye UGSF;
— 0.7 bcm of active capacity at the Severo-Stavropolskoye and Nevskoye UGSFs;
— connection of 6 production wells at the Severo-Stavropolskoye UGSF.
In the FSU Countries:
— 0.1 bcm of active capacity and connection of three production wells at the Mozyrskoye UGSF.
In Europe:
— a third cavern, the 50 mmcm Katharina UGSF, was commissioned.
Gazprom continued the construction of the Katharina UGSF in Germany, as well as the Damborice
UGSF in the Czech Republic.
The bulk of capital expenditures on FSU UGSFs was spent on the expansion of the Mozyrskoye
and Priburgskoye UGSFs in Belarus, and the construction of underground tank No. 25G at
the Abovyanskaya underground gas storage station in Armenia.
OAO Gazprom Annual Report 2014