OREANDA-NEWS. The Board of Directors of Gazprom had listen to and considered the information on the progress with implementing the Gasification Program for the Russian regions, Gazprom's press-service reported.

At the meeting It was noted that Gazprom fully fulfills its obligations in connection with the construction of inter-settlement gas pipelines in the Russian regions. In the meantime, the administrations of some regions have just partially implemented the approved synchronization schedules for gasification facilities commissioning as regards street-level pipeline laying, gas boiler plants installation and consumer preparation for the natural gas supply.

The overall progress status of street-level networks commissioning has reached 52 percent of the target end-of-year value so far. Failure to meet the scheduled deadlines will be taken into account  in regard to the funds allocation in the coming year.

The coming year's volume of investments is made up of two basic elements – funds allocated for the accomplishment of gasification facilities construction and the ones for the construction of the new facilities.

In case regions fail to perform the obligations undertaken, amount of funds provided for the construction of new facilities may drop to zero. Investments will be provided only to those regions, which perform their obligations as to the construction of street-level networks and preparation for consumers' transfer to natural gas supply. "Let the people who live in the regions ask their local leaders why funds allocation has been cut and why they have no gas,” said Dmitry Medvedev, Russia’s First Deputy Prime Minister and Chairman of the Company’s Board of Directors.