Gazprom Says All Its Computer Systems Unaffected by Y2K Bug

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Gazprom Says All Its Computer Systems Unaffected by Y2K Bug

Moscow, Jan. 5 (Bloomberg) -- OAO Gazprom, Russia's natural gas monopoly that supplies about 25 percent of Western Europe's gas, said none of its computers were affected by the Y2K problem.

:::snip boring explanation of Y2K:::

Gazprom, like other Russian companies and organizations, reported no problems linked to the year changeover.

``The first day of the year 2000, all computer systems that control the gas supply system of OAO Gazprom are working in a normal regime,'' the company said in a weekend statement.

Gazprom kept track of its system of pipelines, gas turbines and subsidiaries from the Russian far east to France. It said all its communication lines and power supplies worked normally.

Gazprom said in December all its computer systems were prepared to deal with the Y2K bug. The world's biggest natural gas producer spent 880 million rubles ($32.6 million) to upgrade 14 percent of its systems, or 1,263 computers, that carry microprocessor technology.

The remaining systems weren't susceptible to Y2K glitches.

The U.S. government said previously Russia's energy industry is most vulnerable to disruptions caused by Y2K.

Gazprom exports about one-fifth of its output. The rest is delivered to the domestic market.

Gazprom's American depositary receipts traded in Germany rose 0.60 euro, or 6.7 percent, to 8.35 euros ($8.68) today.

Jan/05/2000 4:03

(C) Copyright 1999 Bloomberg L.P.

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The usual press release, but well, here it is.

Claudia

-- CD (cdokeefe@firstva.com), January 05, 2000

Answers

Boy, I guess the US Govern. just had it's head up it but on this one. Yet, again. And again. And....

-- Dirty (Bird@power.com), January 05, 2000.

It really makes one wonder if the CIA is a a totally incompetent organization. I'm sure many problems will show up later, but one would think they could have done a better job of determining what might cause electrical failures. I wonder if the CIA has any idea where the missing suitcase sized nuclear weapons are?

-- Dave (dannco@hotmail.com), January 05, 2000.

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