Gazprom

St. Petersburg hosted today the events celebrating 25 years of successful scientific and technical cooperation between Gazprom and Wintershall Holding. The parties looked back at the history of their partnership, noting the successes achieved in implementing joint scientific and technical programs for natural gas exploration, production and transportation, as well …

The Gazprom Board of Directors took note of the information about the Company’s preliminary operating results for 2016 and the projected Investment Program, budget (financial plan), and cost optimization (reduction) program for 2018–2019. The Gazprom Board of Directors also approved the Company’s Investment Program, budget (financial plan), and cost optimization (reduction) program for 2017. Pursuant to Gazprom’s …

The Chief Executive of Gazprom, Alexei Miller today met with Eni CEO Claudio Descalzi. During the meeting, they discussed the dynamics of Italy’s gas market and the prospects of Italian and European gas supply from Russia, also from alternative sources. The two companies also confirmed their continued close partnership in …

The Gazprom Board of Directors took note of the information about the pricing of natural gas exports. It was highlighted that abundant gas reserves coupled with well-developed production and transportation infrastructure underpinned the stability of Gazprom’s export business. Reliable gas supplies to European consumers are based on the system of long-term contracts. In order to make Russian gas more competitive, …

The Coordinating Committee for scientific & technical cooperation and partnership between Gazprom and OMV held its first meeting in Moscow. The meeting was run by the Committee Co-Chairmen Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Johann Pleininger, Member of the Executive Board of OMV. The meeting addressed prospective joint efforts in the main …

The Gazprom Management Committee approved the Comprehensive Targeted Program of metrological support for the Company’s operations between 2017 and 2021. The Program is aimed at further improving the quality of metering Gazprom’s gas deliveries to domestic and foreign consumers. Particularly, the document stipulates measures for upgrading, reconstructing and retrofitting gas metering stations. The Program will contribute …

The Gazprom Board of Directors approved the adjusted Investment Program, budget (financial plan), and cost optimization (reduction) program for 2016. Pursuant to the adjusted Investment Program for 2016, the overall amount of investments will stand at RUB 853.01 billion, up RUB 11.011 billion versus the Investment Program approved in December 2015. Accordingly, the amount of long-term financial investments will …

Alexey Miller, Chairman of the Gazprom Management Committee, and Sanjay Gupta, Chairman and Managing Director of Engineers India, today signed a Memorandum of Understanding on the sidelines of the 8th BRICS summit in Benaulim (Goa, India). The signing ceremony was held in the presence of Vladimir Putin, President of the Russian Federation, and Narendra Modi, Prime Minister of India. The Memorandum …

Gazprom and major construction companies today entered into a Memorandum of Intent at the 6th St. Petersburg International Gas Forum to form the Association of Gas Construction Companies. The document was signed by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Stanislav Anikeev, Director General of Stroygazconsulting, Sergey Garaev, Director General of Stroygazmontazh, and Vladimir Kartashyan, Director General of StroyTransNefteGaz, …

The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. It was noted that Gazprom was taking extensive countrywide efforts to set up new gas production, transmission and processing facilities and develop the existing capacities. The Company’s efforts are aimed at maintaining a …