Gazprom and KazMunayGas ink Roadmap to create gas processing JV
Valery Golubev, Deputy Chairman of the Gazprom Management Committee, and Oryn Muratuly Sultanov, Senior Vice President for Major Non-Operating Assets and Offshore Projects of KazMunayGas, today signed a Roadmap at the 7th St. Petersburg International Gas Forum. The document is aimed at setting up a joint Russian-Kazakhstani venture. According to the Roadmap, the parties will create a working group and …

Gazprom: Increases 2017 Investment Program by 217bn Rub
The Gazprom Management Committee approved the revised drafts of the investment program, budget (financial plan) and cost optimization (reduction) program for 2017. Pursuant to the revised draft of the investment program for 2017, the overall amount of the Company’s investments will stand at RUB 1,128.576 billion, which is RUB 217.341 …

Icebreaker Stepan Makarov Commences Operations for Sakhalin II
On August 6, 2017, the ice-breaking production platform supply vessel named after famous Russian naval officer Vice Admiral Stepan Makarov arrived on the shores of Sakhalin Island to commence operations. Built by Arctech Helsinki Shipyard in Finland, the vessel meets the most stringent Russian and international navigation safety requirements and can be used in the adverse conditions of the …

Gazprom: Alexey Miller and Kazakh Energy Minister Kanat Bozumbayev Discuss Bilateral Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kanat Bozumbayev, Minister of Energy of the Republic of Kazakhstan, took place in Moscow today. The parties addressed the prospects of bilateral cooperation in the gas sector, including, inter alia, Russian and Kazakh gas supplies and issues related to gas transit, processing and marketing. The proven reserves …
Alexey Miller and Kazakh Energy Minister Kanat Bozumbayev Discuss Bilateral Cooperation Prospects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kanat Bozumbayev, Minister of Energy of the Republic of Kazakhstan, took place in Moscow today. The parties addressed the prospects of bilateral cooperation in the gas sector, including, inter alia, Russian and Kazakh gas supplies and issues related to gas transit, processing and marketing. Source

Gazprom: 2017 H1 Results – Net Sales Up 5%
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, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months …

Gazprom: Pre-development of Chayandinskoye Field and Power of Siberia to be Completed on Time
Alexey Miller, Chairman of the Gazprom Management Committee, held a meeting today in Moscow to discuss the progress achieved in the pre-development of the Chayandinskoye oil, gas and condensate field and the construction of the Power of Siberia gas trunkline. Among those taking part in the meeting were the Deputy Chairmen of the Management Committee and heads of the Company’s structural units and subsidiaries, as well as top …

Gazprom and BASF Spotlight Importance of Timely Execution of Nord Stream 2 Project
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kurt Bock, Chairman of the Board of Executive Directors of BASF, took place in Moscow on 5th July. The parties discussed the ongoing cooperation between the companies, paying particular attention to the Nord Stream 2 project. It was noted that the project was implemented for the benefit of European …

Gazprom Generates Positive Free Cash Flow for Eleventh Consecutive Year
The Gazprom’s Financial and Economic Policy Press Conference was held at the Company’s office in Moscow today in the lead-up to the annual General Shareholders Meeting. The Press Conference featured Andrey Kruglov, Deputy Chairman of the Management Committee, Elena Vasilieva, Deputy Chairwoman of the Management Committee and Chief Accountant, Alexander Ivannikov, Karen Oganyan, and Vitaly Khatkov, Heads of Departments, and Mikhail Rosseev, Deputy Chief Accountant. It was …

Shell & Gazprom Ink 2 Agreements on Baltic LNG Project
Plant to set up JV, which will secure financing for and carry out the design, construction and operation of the LNG plant in the Leningrad Region Royal Dutch Shell and Russian gas monopoly Gazprom have signed two agreements on the Baltic liquefied natural gas (LNG) project. Gazprom CEO Alexey Miller and Shell …