Gazprom

The Board of Directors took note of the information about the influence of the Gazprom Innovative Development Program until 2020 on the Company’s economic performance indicators and about the efficiency of spending funds allocated for research and development (R&D) activities. Gazprom is a high-tech company, investing heavily in research and development of unique, often unparalleled in the world, solutions. Once tested, they …

The Gazprom Board of Directors approved an updated list of measures aimed at increasing the Company’s share in the global gas market. It was noted that amidst the industry-wide changes the updating of this document had an important role to play for the successful business development of Gazprom as a global energy company. The updated list suggests more precise definition of the Company’s business areas, …

The cost optimization strategy is focused around several key areas: generation of the Investment Program and the Budget, development and execution of the cost reduction program, implementation of cost optimization plans by types of activity and procurement of goods, works, and services. At the budgeting stage, Gazprom optimizes a number of expenditure items by using a standard setting approach, determining specific cost …

Alexey Miller, Chairman of the Gazprom Management Committee held today at the Company’s headquarters a meeting on cooperation with Russian pipe companies. Taking part in the meeting were Andrey Kruglov and Vitaly Markelov, Deputy Chairmen of the Gazprom Management Committee, Sergey Prozorov and Igor Fyodorov, Members of the Gazprom Management Committee as well as heads and representatives of the Company’s specialized structural units, Gazprom Komplektatsiya, the Pipe Producers …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Reinhold Mitterlehner, Austrian Vice Chancellor. The parties highlighted that the long-term strategic cooperation between Russia and Austria in the oil and gas sector had been successfully developing for many decades. A continuous increase was noted in Russian gas …

Italy’s Saipem, which was hired by Gazprom to lay the undersea section of the South Stream gas pipeline, and then the Turkish Stream pipeline, has filed a lawsuit against a subsidiary of the Russian gas giant. Saipem S.p.A. filed a request for arbitration against South Stream Transport B.V. (now a …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Shahid Khaqan Abbasi, Minister of Petroleum and Natural Resources of the Islamic Republic of Pakistan. The parties considered promising areas of cooperation, particularly addressing the possibility of Russian LNG supplies to Pakistan …

St. Petersburg hosted a working meeting of Alexey Miller, Chairman of the Gazprom Management Committee with Harry Brekelmans, Maarten Wetselaar and Ronan Cassidy, Members of the Executive Committee of Shell. The parties addressed a variety of issues relating to the strategic cooperation between Gazprom and Shell. Touching upon the Sakhalin …

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, 2015. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board. The parties discussed issues of cooperation, particularly addressing the Nord Stream II project. It was noted that the growth in demand for Russian gas …