OREANDA-NEWS. The Board of Directors of OJSC “Gazprom” heard a report on the audit of gas, condensate and oil reserves at Gazprom’s fields as at December 31, 2005. The Management Committee was tasked with continuing the work on reserve auditing.

As at 31 December 2005, DeGolyer and MacNaughton performed an evaluation of Gazprom Group’s 24 major fields with gas, condensate and oil (excluding the data on Gazprom neft) reserves accounting for 95, 90 and 90 per cent, respectively.

Based on the assessment results, Gazprom Group’s proved and probable natural gas, oil and condensate reserves stand at 20.7 tcm, 692.7 mln t and 299.5 mln t, respectively.

In accordance with the Russian classification as at December 31, 2005, the Gazprom ABC1 natural gas, condensate and oil reserves make up 29.1 tcm, 1.22 bln t and 1.36 bln t, respectively.