Gazprom

According to preliminary data, Gazprom produced 274.8 billion cubic meters of gas from January 1 through August 15, 2022. This is a decrease of 13.2 per cent (or 41.7 billion cubic meters) versus the same period of last year. The domestic demand for the Company’s supplies from the gas transmission system went down by 2.3 per cent (or 3.6 billion cubic meters) …

PJSC Gazprom has notified Gazprombank (Joint Stock Company) of the necessity to perform automatic conversion of depositary receipts into PJSC Gazprom’s shares. Gazprombank is responsible for the custody of the ordinary shares of PJSC Gazprom that represent receipts issued under the depositary receipts programmes. The issuer of the depositary receipts (The Bank of New York Mellon) has a depo account under the depositary …

During the visit of Russian President Vladimir Putin to the Islamic Republic of Iran, a Memorandum of Understanding for strategic cooperation was signed today in Tehran by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Mohsen Khojastehmehr, CEO of National Iranian Oil Company. The document envisages the analysis of cooperation prospects, inter alia, in the following areas: development of Iranian …

On July 15, Gazprom formally approached Siemens with a request to provide documents that, taking into account the current sanction regimes imposed by Canada and the European Union, would be necessary for transferring back to Russia the gas turbine engine for the Portovaya CS, which is a facility of critical importance to the Nord Stream gas pipeline. The Company also formally requested …

Force majeure declared in letter to customers concerns supplies via Nord Stream 1 pipeline, says source. Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the west over …

As of the end of the working day on May 20, Gazprom Export did not yet receive a payment from Finland’s Gasum for the gas supplied in April, which was to be made in compliance with the Russian President’s Decree No. 172 dated March 31, 2022. Payments for gas supplied since April 1 must be made in rubles via new account details, of which the …

According to preliminary data, Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same period of 2021. The Company’s domestic supplies from the gas transmission system went down by 3.1 per cent (or 3.9 billion cubic meters). However, they grew by 6.1 per cent in the first half …

Despite the severe oil production cuts expected in Russia this year, tax revenue will increase significantly to more than $180 billion due to the spike in oil prices, Rystad Energy research shows. This is 45% and 181% higher than in 2021 and 2020, respectively. Russia’s progressive tax system means that …

The Scientific and Technical Center (STC) of the Pipe Metallurgical Company (TMK) in Skolkovo became the venue for a meeting of PJSC Gazprom on the application of innovative solutions in the production of pipe products. The participants of the meeting discussed promising areas of cooperation between Gazprom and companies in the …

According to preliminary data, Gazprom produced 23.1 billion cubic meters of gas between January 1 and 15, 2022, which is 2.1 per cent (or 0.5 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 3.7 per cent (or by 0.6 …