Oil & Gas Operators

Russia’s Gazprom tells European buyers it cannot guarantee gas supplies

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 …

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Oil & Gas Operators

Gazprom completely suspends Gas Supplies to Finland’s Gasum Due to Failure to Pay in Rubles

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 …

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Oil & Gas Operators

Gazprom Gas Production and Supplies: Results for 4.5 Months 2022

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 …

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Oil & Gas Operators

Lifting the Curtain on Russia’s Oil and Gas Sectors That Will Bring in an Estimated $260 Billion in 2022

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 …

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Service Companies & Manufactures

TMK: Hosted a Meeting of PJSC Gazprom on Innovations in the Pipe Industry

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 …

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Oil & Gas Operators

Gazprom Gas Production and Supplies: Results for First Half of January

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 …

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Oil & Gas Operators

Gazprom: Management Committee endorses 2022–2026 Digital Transformation Strategy of Gazprom Group

The Gazprom Management Committee endorsed the Strategy of digital transformation of Gazprom (Gazprom Group) for 2022–2026. It was highlighted that Gazprom is actively creating and implementing advanced digital technologies. Today, special software packages and digital modeling technologies are widely used throughout the entire production chain of Gazprom, allowing the Company to efficiently manage its business processes during …

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Oil & Gas Operators

Andrey Kasyanenko Put in Charge of Gazprom Dobycha Yamburg

Andrey Kasyanenko has been elected Director General of Gazprom Dobycha Yamburg. Andrey Kasyanenko Enlarged photo (JPG, 867.9 KB) Andrey Kasyanenko was born in 1978. He graduated from Samara State Technical University, majoring in Oil and Gas Field Development and Operation. He has a PhD degree in Engineering. He has been employed with Gazprom for about 17 years. 2004–2007: operator of the operations …

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Oil & Gas Operators

Gazprom and CNPC Review Results of Joint Efforts Performed in 2021

The meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Huang Yongzhang, Vice President of CNPC, took place today via a video link. The meeting participants discussed the results of their joint work performed in 2021. The parties highlighted the reliability of natural gas supplies …

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Oil & Gas Operators

Gazprom: Gas Production and Supplies – Results for 11.5 Months

According to preliminary data, Gazprom produced 490.4 billion cubic meters of gas between January 1 and December 15, 2021, which is 14.2 per cent (or 61.1 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 14.5 per cent …

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