HMS Group representatives to deliver a presentation at the cross-industry session “Issues of associated petroleum gas recovery and the effective ways of its usage. Energy efficiency.”

Representatives of Giprotyumenneftegaz (GTNG), a subsidiary of HMS Group, M. Tarasov and S. Chernishev will deliver a presentation during XXV anniversary national cross-industry session “Issues of associated petroleum gas recovery and the effective ways of its usage. Energy efficiency”. The session will take place from 27 September to 1 October in Gelendgik (Kransnodar region).

Heads of dedicated federal ministries and administrations, executives of government authorities, directors of leading R&D and planning institutes, major Russian and international oil and gas companies will participate in the session, organized by R & D Institute “Gaspererabotka”.

The representatives of GTNG will deliver the presentation “Technology concepts of processing trains, transfer and disposal of associated petroleum gas (APG) in the projects of Giprotymenneftegas”. The presentation will contain the problems of APG disposal and issues of modernization of process modules for gas treatment on the oil and gas fields. In addition, the speakers will report on GTNG`s expertise in development of technological ways for APG conditioning.

Giprotyumenneftegaz is one of the leading Russian design, research and development centers providing turnkey field planning services to oil and gas companies.

GTNG projects were used to develop over 200 oil, gas and gas condensate fields including field pipelines in permafrost areas in Tyumen Oblast, Krasnoyarsk Krai and Yakutia. Its largest projects include development of Samotlor, Fedorovo, Mamontovo, Priobskoye and other oil fields in Russia.

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. The Group reported revenues of RUB 7.1 billion, adjusted EBITDA of RUB 1.6 billion and profit for the period of RUB 1 billion for the three months ended March 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.