Gazprom

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for July 2020. Production Report  The average production in July 2020 was 3,590 barrels of oil equivalent per day (10.5% higher than June 2020). This increase was driven by …

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2020. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the three months ended March 31, 2020 and …

In May-June 2020, international ratings agencies S&P Global Ratings, Moody’s Investors Service and Fitch Ratings affirmed Gazprom’s long-term credit ratings as part of their annual reviews. As before, all these ratings are investment-grade with a stable outlook. The S&P (ВВВ-) and Fitch (BBB) ratings correspond to the sovereign credit rating of the Russian Federation, while the rating assigned by Moody’s (Baa2) …

Mr. Miller, the outcomes of Gazprom’s Shareholders Meeting were announced today. Could you please tell us what are your five highlights from last year? It was an extremely eventful year for Gazprom. If you want me to choose just five highlights, I would certainly start with the development of the resource base. We expanded our capacities at the new gas production center in Yamal, …

A meeting of the Company’s newly elected Board of Directors was held in absentia. The meeting resolved to elect Viktor Zubkov as Chairman of the Gazprom Board of Directors. Alexey Miller Chairman of the Gazprom Management Committee was named as Deputy Chairman of the Company’s Board of Directors. The Board of Directors formed the Audit Committee. The Committee is made up of Mikhail Sereda, Member of the Company’s Board of Directors, and two independent directors Viktor Martynov and Vladimir …

Gazprom and RusGazDobycha reached a final investment decision on the project for the development of the Semakovskoye gas field in the Yamal-Nenets Autonomous Area. The field, which is located in the waters of Taz Bay and partly on land in the Taz Peninsula, is classified as large: its recoverable gas reserves exceed 320 billion cubic meters. During the preparatory stage, the …

Gazprom is now the largest issuer in the MSCI Russia Index. The Company’s ranking was revised based on the latest review of the stock index by MSCI. In the second quarter of 2020, MSCI revised the free float-adjustment factor – one of the key indicators on the basis of which the weight of securities of every issuer is measured – for Gazprom’s shares. Starting from June …

• The joint venture between Gazprom, Wintershall Dea and OMV reaches an important milestone • The Yuzhno-Russkoye field is a significant pillar of European energy security • Innovative solutions and pioneering spirit are key to successful development of challenging formations Krasnoselkup/Kassel. Severneftegazprom, a joint venture between Gazprom, Wintershall Dea and …

Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline. Of that amount, about 54 per cent went to the Turkish gas market and some 46 per cent was delivered to the Turkey-Bulgaria border. Background TurkStream is an export gas pipeline stretching from Russia to Turkey across the Black Sea. Its …

A grand opening ceremony for the TurkStream gas pipeline took place today. Attending the event were Vladimir Putin, President of the Russian Federation, Recep Tayyip Erdogan, President of the Republic of Turkey, Aleksandar Vucic, President of the Republic of Serbia, Boyko Borissov, Prime Minister of the Republic of Bulgaria, Alexander Novak, Minister of Energy of the Russian Federation, Fatih Donmez, Minister of Energy …