Recently in Paris and in the presence of Mr Dmitry Medvedev President of Russia and Mr Nicolas Sarkozy President of France Gazprom Management Committee Chairman Mr Alexey Miller and Mr Gérard Mestrallet Chairman & CEO GDF SUEZ signed a Memorandum on additional supplies of Russian natural gas and on the entry of GDF SUEZ into the Nord Stream project.

The document specifies that the parties have started discussions about supplying to GDF SUEZ up to 1.5 billion cubic meters of additional gas per year from 2015. The supplies will be fulfilled through the Nord Stream.

Mr Alexey Miller and Mr Gérard Mestrallet also expressed their satisfaction with the progress made to finalize the deal under which GDF SUEZ will become a shareholder of Nord Stream AG with a share of 9% in its capital before the start of the gas pipeline construction.

Mr Alexey Miller said “The Nord Stream is a strategically important pipeline for Europe. The value of the project is difficult to overestimate, as it will be an additional guarantor of energy security for millions of consumers and give them confidence in the future. The Nord Stream is a good example of an offshore gas pipeline complying with stringent international environmental requirements. It has recently received the last approval needed to begin construction this April. Together with our counterparts from GDF SUEZ, we believe that the Nord Stream will not merely strengthen cooperation between our companies, but will also help develop the energy sector of the entire continent and be another factor in the success of the long term Russian-French partnership in the gas industry.”

Mr Gérard Mestrallet said “In the framework of Cross Year 2010, the year of Russia in France and of France in Russia, the agreement with Gazprom, our long-term Russian partner and the largest gas producer in the world, illustrates the high-quality relationship developed over the years. Furthermore, GDF SUEZ regards with high consideration this major industrial partnership with Gazprom. By entering Nord Stream AG and increasing its gas purchase from Russia, GDF SUEZ aims at contributing to Europe security of supply including North West Europe where the Group is one the major power producers and hold a large portfolio of final power and gas customers.”