
Gazprom: Approves Investment Program and Budget for 2018
The Gazprom Board of Directors took note of the information about the Company’s preliminary operating results for 2017 and the projected investment program and budget (financial plan) for 2019–2020. The Board of Directors also approved the Company’s investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version …

Gazprom: Nord Stream 2 Project Staying on Track
The Gazprom Management Committee took note of the information regarding the progress of the Nord Stream 2 project. It was noted at the meeting that the project was going according to plan with support from Europe’s leading energy companies. Permits are currently being drawn up. National environmental impact assessment reports were submitted to the German, Danish, Finnish and Swedish authorities, with …

Russia Aims to Test Domestic Subsea Production Systems by 2020
St. Petersburg hosted today a meeting of the Inter-Agency Working Group on Reducing Dependence of Russia’s Fuel and Energy Complex on Imported Products involving representatives of Gazprom. The meeting was chaired by Denis Manturov, Minister of Industry and Trade of the Russian Federation. Gazprom was represented at the event by …

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Nine Months Ending September 30, 2017
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 nine months ended September 30, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the nine months …

Gazprom and Shell Discuss LNG Projects and Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg today. The meeting addressed relevant aspects of strategic cooperation. Particular attention was paid to joint efforts in the liquefied natural gas (LNG) sector. The parties discussed the construction project for the third …

Gazprom Group’s Comprehensive Target Program for Integrated Information Environment approved
The Gazprom Management Committee approved the 2018–2022 Comprehensive Target Program for the Development of the Integrated Information Environment of the Gazprom Group. The Company’s relevant subdivisions are tasked with implementing the Program. The Integrated Information Environment (IIE) was established and is successfully maintained as part of Gazprom’s Informatization Strategy. Specifically, 35 information management systems were introduced at Gazprom and a number of its …
Gazprom: Organizational Framework Established for Further Russian-Iranian Cooperation in Gas Sector
A number of documents were signed in Tehran on the margins of the visit to the Islamic Republic of Iran by Russian President Vladimir Putin. The documents are aimed at fostering Russian-Iranian cooperation in the gas sector. Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Amir Hossein Zamaninia, Iran’s Deputy Minister of Petroleum, signed a Memorandum of Understanding for strategic cooperation. In accordance with …

Gazprom Dobycha Nadym: Celebrates Fifth Anniversary of the Bovanenkovskoye Field
On October 23, 2012, Gazprom Dobycha Nadym started the commercial operation of gas production facility No. 2 at the Bovanenkovskoye field. Gas production facility No. 1 was brought online in 2014 and new wells and a booster compressor station came onstream in early 2017. Over the five-year period of operation, …

Gazprom: Revises 2017 Investment Program – Spending Up 217bn Rub
The Gazprom Board of Directors approved the revised investment program, budget (financial plan) and cost optimization (reduction) program for 2017. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in September this year. Pursuant to the revised investment program …
Gazprom and Saudi Aramco Sign Memorandum of Understanding
Viktor Zubkov, Chairman of the Gazprom Board of Directors, and Amin H. Nasser, President and CEO of Saudi Arabian Oil Company, signed in Moscow a Memorandum of Understanding for international cooperation in the gas sector. The signing ceremony took place on the margins of the official visit to Russia by Salman bin Abdulaziz Al Saud, King of Saudi Arabia. The document reflects the intention …