
Growth in Europe’s Demand for Russian Gas Confirms Importance of Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow today. The meeting participants addressed issues related to bilateral cooperation. It was highlighted that Austria continued to increase its gas imports from Russia. Specifically, Gazprom’s exports to Austria between April 1 and April 19, 2017, were …

Gazprom and National Iranian Oil Company Sign Memorandum of Understanding
Gazprom and National Iranian Oil Company signed a Memorandum of Understanding in Moscow today. The signing ceremony took place in the presence of Vladimir Putin, President of the Russian Federation, and Hassan Rouhani, President of the Islamic Republic of Iran. In accordance with the document, the parties will examine the avenues for cooperation in the field of hydrocarbon prospecting, exploration and …

GlobalData: Russia Plans to Commence 29 Natural Gas Projects by 2050
Russia has the highest number of key planned oil and gas projects in the Former Soviet Union (FSU), with a total of 29 oil and natural gas projects expected to start operations in the country by 2025, according to research and consulting firm GlobalData. The company’s latest report states that, …

Alexey Miller: “Our Goal is to Eliminate Workplace Injuries”
The Gazprom Management Committee reviewed and assessed as fulfilled the goals of the Year of Occupational Safety held in 2016. It was noted that Gazprom considered it a top priority to provide safe and comfortable working conditions for its employees. The Company’s first-ever Year of Occupational Safety proved to be the most ambitious project of its kind in Russia. The initiative included 718 events …

Eni Signs MoU with Gazprom
Gazprom CEO Alexey Miller and Eni S.p.A. CEO Claudio Descalzi today signed a Memorandum of Understanding. The document reflects the parties’ interest in analyzing the prospects for cooperation in developing the southern corridor for gas supplies from Russia to European countries, including Italy, as well as the modernization of the …

Nord Stream 2 to Play Crucial Role in EU’s Energy Security
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The meeting addressed Russian gas supplies to Austria. In 2016, Gazprom exported 6.1 billion cubic meters of gas to Austria, which was 37.9 per cent higher than in 2015. The upward trend in gas demand …

Construction Contract Signed for Second String of TurkStream’s Offshore Section
South Stream Transport B.V. and Allseas Group today signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline’s offshore section. The document was signed as part of the option included in the construction contract for the pipeline’s first string, which had been inked in 2016. In a similar fashion to the construction of TurkStream’s first string, Allseas plans to use Pioneering …

Gazprom and CNPC Broadening Strategic Cooperation in Energy Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Zhang Gaoli, Vice Premier of the State Council of the People’s Republic of China, took place today in Beijing. The parties addressed key areas of strategic cooperation, expressing appreciation for the past and prospective collaboration between Gazprom and Chinese energy companies and financial organizations. Particular …

Bovanenkovskoye: Bovanenkovo – Ukhta 2 Pipeline Comes On Stream
The ceremonial inauguration of new production capacities and the Bovanenkovo – Ukhta 2 gas trunkline took place today at the Bovanenkovskoye field. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, and heads of Gazprom’s specialized structural units, subsidiaries and contracting organizations. The ceremony featured an address by Russian President Vladimir Putin, who spoke …

Gazprom: Gas Sales To Europe Up 12.5% yoy
“According to the most recent data, Gazprom produced 419.07 billion cubic meters of gas in 2016, which was some 11 billion cubic meters more than planned and 0.57 billion cubic meters more than in 2015. We are always responsive to the market demand and extract as much gas as consumers need. However, our production potential exceeds the actual annual …