Gazprom Promgaz

Gazprom Promgaz was added to the Alaska Retirement Management Board list of companies doing business with Iran in June 2019.  (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%206-30-19.pdf)

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On June 4, 2019, Gazprom Promgaz was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Gazprom Promgaz remains on the SBA list of prohibited investments.  (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2021_03_09_Web_Update_PFIA_Prohibited_List.pdf?ver=2021-03-09-134849-587)

As of December 31, 2019, the Alaska Retirement Management Board lists Promgaz as a company doing material business with Iran. (https://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB Iran Divestment List 12-31-19.pdf)

As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list Promgaz on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector. (https://www.sbafla.com/fsb/Portals/FSB/Content/GlobalGovernanceMandates/QuarterlyReports/2020/Global_Governance_Mandates_and_Florida Statutes_2020_05_28.pdf?ver=2020-05-28-122524-540)

on January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. Promgaz is included on this list. (https://sdlegislature.gov/docs/referencematerials/requiredreports/RR901152020.pdf)

On June 1, 2020, the Ohio Police & Fire Pension Fund (“OP&F”) listed Promgaz on its scrutinized companies Iran/Sudan list. (https://www.op-f.org/Files/Scrutinized Companies Iran Sudan.pdf)

Gazprom Promgaz is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business. (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_06_04_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-06-04-162911-617) (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_07_12_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-07-12-114201-343)