Open Joint Stock Company Gazprom

APPENDIX C – GLOSSARY OF TERMS"Accounting Chamber""Audit Commission""bcm""Blue Stream Project""Board of Directors""Central Bank""Central and Eastern Europe""Central Reserve Commission""Charter"COMECON"State Finance control authority of the Russian Federation,formed by the Federation Council, the upper chamber of theRussian Parliamenta Commission approved by a Shareholders' General Meetingwhich is responsible for control over Gazprom's business andfinancial activitiesbillion cubic meters, as measured under one atmosphere ofpressure at 20°Cthe construction by Gazprom, in alliance with key Italian naturalgas purchaser and distributor ENI, of a new natural gas trunkpipeline from Russia via the Black Sea to TurkeyGazprom's board of directors consisting of eleven members andappointed pursuant to the Joint Stock Companies Law and theCharterCentral Bank of the Russian Federationfor the purposes of this Offering Circular: Bosnia, Bulgaria,Croatia, the Czech Republic, the former Yugoslavia, Hungary,Macedonia, Poland, Romania, Slovakia, Slovenia and Yugoslaviathe Ministry of Natural Resources Central Commission for StateExamination of Mineral Resources Reserves establishedpursuant to an Order of the Geology and Subsoil Committee ofthe Government No. 20 dated 23 April 1992Gazprom's Charter of 31 May 1996, as amendeda former economic association of communist countries foundedin 1949, comprised of the Soviet Union, Bulgaria,Czechoslovakia, East Germany, Hungary, Mongolia, Poland,Romania and Cuba"Constitution" the constitution of the Russian Federation adopted on 12December 1993"Dispatch Management Centre" Gazprom's dispatch management centre responsible formonitoring natural gas supplies through the UGSS, located inGazprom's head office in Moscow"EBRD""Energy Charter Treaty""EU""EU Gas Directive""Europe"European Bank for Reconstruction and Developmenttreaty between European states the main objective of which is toassist in the development of the European energy market.European Uniona directive adopted by the European Parliament and the Council,which came into force in August 1998, with the purpose ofestablishing common rules for the organisation and functioningof the European natural gas marketfor the purposes of this Offering Circular, Central and EasternEurope and Western Europe114