OREANDA-NEWS. May 5, 2008. The Company’s Management Committee approved the Gazprom Procurement Streamlining Policy and made a decision to compile information on procurement streamlining to be considered by the Board of Directors.

The Management Committee also endorsed a draft Procedure for the awards of contracts for the supply of goods, completion of works and rendering of services for Gazprom and its subsidiaries to a sole supplier (executor, contractor) and made a decision to submit the Procedure to the Board of Directors for consideration.

The Management Committee tasked the Company’s core business units to develop the documents regulating the decision making on contract awards to a sole supplier (executor, contractor).