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 …

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 …

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 …

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 …

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 …

“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 …

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, …