Economic benefit delivered by Science and Technology Prize awarded research projects amounts to RUB 17 billion

It was pointed out at the ceremony that the 2014 Prize awarded and subsequently brought to life research projects had yielded an economic benefit of RUB 17 billion to Gazprom.

Set up in 1998, the Science and Technology Prize has been an integral element of Gazprom's corporate sci-tech policy aimed at enhancing the application of innovations in the Company's business and supporting its position as a technological leader across the global energy industry.

In 2014 Gazprom's subsidiaries nominated 21 papers to participate in the event. The total number of authors reached 177 persons.

The papers were assessed by a group of experts from Gazprom and its subsidiaries. The experts focused their attention on the relevance, novelty, sci-tech level (research intensity) of papers, their scale and economic efficiency for Gazprom, the commercialization opportunities and protectability, the share of domestic materials, technologies and equipment in use.