Business news - 02 January 2015

Flexlife presents annual results.

A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.

The Gazprom headquarters hosted a working meeting between Chairman of the Company’s Management Committee and the Chinese Ambassador to Russia.

The final terms of the transaction involving the Bakken Pipeline project and Sunoco Logistics general partner interest and incentive distribution rights exchange have been approved.

The Board of Directors have approved Gazprom’s Investment Program, Budget (Financial Plan) and Cost Optimisation (Reduction) Program for 2015.