Service Companies & Manufactures

Gazprom and ChelPipe Put Focus on Innovations

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andrey Komarov, Chairman of the Board of Directors of ChelPipe, took place in St. Petersburg today. The parties reviewed issues related to the supplies of pipes produced by ChelPipe to the facilities of Gazprom. Attention was also paid to the prospects for manufacturing such innovative products as laser-welded pipes and joints. …

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Oil & Gas Operators

Growth in Domestic Gas Debt Decreasing for Second Consecutive Year

The Gazprom Management Committee reviewed the information about the Company’s efforts aimed at strengthening financial discipline with regard to domestic gas supplies and the measures taken to address gas debt repayment. It was noted that in 2017, as in previous years, Gazprom had fulfilled all of its obligations for providing reliable gas supplies to domestic consumers, including socially vulnerable groups. However, the …

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Oil & Gas Operators

Gazprom Will Drive Over 60% of Russian Gas Production in 2021, Says GlobalData

Natural gas production analysis shows that over $55.7bn in capital expenditure (capex) would be spent by Russia-focused operators on gas projects over the next four years to ensure that country’s production remains around 61 billion cubic feet per day (bcfd) in 2021 according to GlobalData, a leading data and analytics company. …

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Oil & Gas Operators

Gazprom and LUKOIL Discuss Cooperation Prospects

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow today. The parties discussed issues related to cooperation, including the prospects for further collaboration in the areas of gas supplies, transmission and processing. Source

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Oil & Gas Operators

Gazprom and TMK Discuss Cooperation Matters

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK, took place in St. Petersburg today.  The meeting addressed the current issues of and prospects for cooperation, including the development and manufacturing of new types of products by TMK in line with the requirements of Gazprom. Source

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Oil & Gas Operators

Gazprom: Developing Liquefied Natural Gas Business Amid Rising Demand

The Gazprom Board of Directors took note of the information about the prospects of the shale gas and LNG sectors around the world, as well as the opportunities and threats facing the Company. It was noted that, according to most projections, global shale gas production was likely to be concentrated primarily in North America in the mid- and long term. In 2016, the increase in shale gas …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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