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Gazprom OAO Creates Gazprom Invest LLC in St. Petersburg-Interfax

Monday, 1 Apr 2013 09:44am EDT 

Interfax reported that Gazprom OAO has created a new company in St. Petersburg, Gazprom Invest LLC, which will serve as the unified executive body of CJSC Gazprom Invest Yug. The corporate procedure was reported by the Federal Anti-Monopoly Service (FAS), which approved the new company's formation. Gazprom's investment and construction departments were previously reported to be transferring to St. Petersburg. At one time, there was just one specialized ordering company in Gazprom OAO's structure: Yamalgazinvest. During the second phase of Gazprom OAO reform, Deputy CEO Mr. Alexander Ananenko proposed creation of several ordering companies: Gazprom Invest Zapad, Gazprom Invest Yug and Gazprom Invest Vostok. 

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