Today the Gazprom Headquarters has hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Lord John Browne, President of BP Group.

The parties addressed issues of the bilateral cooperation, placing a focus on potential implementation of prominent joint projects and interaction in the liquefied natural gas trading business. Next meeting is scheduled for the first quarter of 2007.

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BP is one the world’s largest non-state petroleum companies. BP’s oil and natural gas reserves are in excess of 18.3 bboe and 1.4 tcm, respectively. The company’s major business lines are oil & gas field development; wholesale and retail trading in refined products; gas marketing and gas-fired power generation; petrochemicals. BP is a leader in the global LNG trade.

The company has branches in more than 100 countries worldwide. BP’s daily oil recovery exceeds 4 mboe. Based on the 2005 results BP has extracted 124 mln t of oil & condensate and 84 bcm of gas.