Gazprom

Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, today signed at the 8th St. Petersburg International Gas Forum the Framework Agreement on the joint design concept (pre-FEED) for the Baltic LNG project. The signing ceremony took place in the presence of Alexey Miller, Chairman …

The Gazprom Group’s Sustainability Report 2017 was successfully assured (audited) in accordance with the international standards of the Global Reporting Initiative (GRI). The first Sustainability Report audit in Gazprom’s history was conducted by FBK. FBK confirmed that the Report contained accurate information and had been prepared in compliance with the GRI Standards (Core option). Gazprom’s goal in engaging a professional …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Han Zheng, Vice-Premier of the State Council of the People’s Republic of China, took place in Moscow today. The parties addressed the issues of strategic cooperation in the energy sector, reviewing, inter alia, the progress of the …

The Gazprom Management Committee took note of the information about the progress of major investment projects. The Company continues to implement the extensive Eastern Gas Program and to build facilities associated with supplying gas to domestic consumers and to China. In particular, 119 producing gas wells were drilled at the …

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 six months ended June 30, 2018. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months …

The Gazprom Board of Directors took note of the information on the Company’s mineral and raw material base. It was highlighted that Gazprom had the largest amount of explored natural gas reserves in the world, totaling 35.4 trillion cubic meters (А+В1+С1 categories) as of December 31, 2017. Due to the adoption of a new Russian Classification of Reserves and Forecast Resources of Oil and Flammable …

Gazprom, China Petrochemical Corp, and Royal Dutch Shell are the top spenders in terms of capex to be spent on planned and announced projects across oil and gas value chain by 2025. In the upstream sector, Shell leads among companies with the highest capex of US$58 billion during 2018 to …

The Gazprom Board of Directors reviewed and approved the efforts as part of the implementation of the Power of Siberia project and the shaping of gas processing infrastructure in Russia’s Far East. It was noted that Gazprom’s ambitious investment projects in the eastern part of Russia were pivotal to the country’s sustainable social and economic development. By exploring gas reserves and creating gas transmission and processing capacities, the Company works toward …

The Gazprom Board of Directors took note of the information about measures to facilitate the integration of domestically-manufactured equipment and technologies in the production operations of the Gazprom Group. It was highlighted that the Company had been for many years making consistent efforts to reduce the procurements of foreign equipment and technologies in favor of their domestic counterparts. In 2017, the share of Russian materials …

It was highlighted that advanced digital technologies were among the essential tools for development in the global economy. They make an enormous contribution to the evolution of production industries and business processes, enhancement of corporate governance efficiency, and strengthening of companies’ market positions in various sectors. In January 2008, Gazprom adopted its Informatization Strategy aiming to improve the transparency and …