Eurasia Journal News

Board of Directors Approves Gazprom’s Work on Major Investment Projects

The Gazprom Board of Directors expressed its approval of the Company’s ongoing work on its major investment projects. In the east of Russia, the Company continues pre-development operations at the Chayandinskoye field, which forms the basis for the Yakutia gas production center. Systematic development of gas producing wells is underway at the field, and the construction of auxiliary production …

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Eurasia Journal News

Gazprom: Expanding Production and use of Liquefied Natural Gas

The Gazprom Board of Directors expressed its approval of the Company’s ongoing projects for the production and supply of liquefied natural gas (LNG). It was noted that the Company’s work in this promising direction will make it possible to strengthen the position of Gazprom in foreign markets and address in a more flexible manner the tasks related to providing reliable gas supplies to domestic consumers. …

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Eurasia Journal News

Gazprom: Planning to Engage in Pilot Hydrogen Energy Projects Based in Russia

The Gazprom Board of Directors took note of the information about the development of hydrogen production in the Russian Federation and its potential uses. It was highlighted that the development of hydrogen energy in Russia is essential both for the decarbonization of the domestic industry and for exports to the global hydrogen market. This line of activity …

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Eurasia Journal News

Strategic Cooperation Between Gazprom and ENGIE Underpinned by Long-term Contracts

A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of ENGIE, and Catherine MacGregor, Chief Executive Officer of ENGIE, took place today via a conference call. It was noted that Russia has been a reliable supplier of gas to France for as many as 45 years, …

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Eurasia Journal News

Gazprom’s Gas Supplies to Germany and Italy Already Exceeding Last Year’s Totals

According to preliminary data, Gazprom produced 445 billion cubic meters of gas in the period from January 1 through November 15 of 2021. This is 15.2 per cent (or 58.8 billion cubic meters) more than in the same period of last year. The Company ramped up its domestic supplies from the …

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Eurasia Journal News

Gazprom: Completes Gas Injection into UGS Facilities in Russia and Goes Over to European Storage Facilities

Gazprom is completing gas injection into underground storage facilities in Russia to ensure uninterrupted gas supply to the domestic market in the coming winter and is starting to increase supplies to UGS facilities in Europe. Such plans of the company were announced at the end of October by the chairman of …

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Eurasia Journal News

Gazprom and RusGazDobycha Set Up a Joint Venture in Yamal

Gazprom and RusGazDobycha have established a joint venture Gazprom Dobycha Tambei to develop the Tambeyskoye field in Yamal. This was reported in the gas holding’s Telegram channel. The joint venture will develop and ensure the development of the Tambeyskoye field on the Yamal Peninsula with the start of gas production from …

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Eurasia Journal News

Andrei Babish: Europe Should Agree with Gazprom on Long-term Gas Contracts

Europe must agree with Russia on long-term gas supply contracts and use the capacity of Nord Stream 2. This was stated by the Prime Minister of the Czech Republic Andrei Babis. The Nord Stream gas pipeline is an investment of money from Gazprom and Western European companies. It was built and should …

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Eurasia Journal News

Gazprom: Gas Production and Supplies, Results for 10 months

According to preliminary data, Gazprom produced 422.6 billion cubic meters of gas in January–October of 2021, which is 15.8 per cent (or 57.7 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 17.2 per cent (or by 28.8 billion cubic …

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Eurasia Journal News

Eni: Signs Agreement with Gazprom on Existing Gas Supply Contracts

Eni and Gazprom have signed an agreement to revise the terms of existing long term gas supply contracts in the light of the current and future market evolution, including the settlement of the ongoing disputes between the parties. The agreement underlines the importance of the role played by gas in …

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