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27

Gazprom To Move In St. Petersburg

A few subsidiaries of Gazprom may also move to St. Petersburg

Gazprom CEO Alexey Miller met with the St. Petersburg governor yesterday to discuss the destiny of oil company Sibneft. Miller confirmed, that Sibneft would be re-registered in the city and later renamed.

A few subsidiaries of Gazprom may also move to St. Petersburg, Russia?s second-largest city. Tax receipts from Gazprom?s subsidiaries will help St. Petersburg to build a new stadium for the city?s favorite FC Zenit.

Alexey Miller presented yesterday construction projects for a new football stadium and Gazprom City office center in St. Petersburg.
Valentina Matvienko, the city?s governor, backed the decision and reminded the press that the second-largest city had not had such a large taxpayer so far.

A participant in the talks says Gazprom is also considering the re-registration of its subsidiaries SOGAZ and Sibur.