Gazprom

A Gazprom delegation headed by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, visited the Socialist Republic of Vietnam (SRV) today. Hanoi hosted a working meeting between Vitaly Markelov and Nguyen Quoc Khanh, Chairman of the Board of Directors of PetroVietnam (Vietnam Oil and Gas Group). The parties discussed …

The Gazprom Board of Directors commended the Company’s efforts in strengthening the relationships with investors and shareholders and tasked the Management Committee to further pursue this line of action. It was noted that despite the challenging macroeconomic conditions Gazprom continued to promote the long-term and efficient cooperation with the investment …

Gazprom and Bank of China Limited, London Branch entered today in Shanghai into a five-year EUR 2 billion loan facility agreement. On the part of Gazprom the agreement was signed by the Deputy Management Committee Chairman Andrey Kruglov and on the part of Bank of China Limited, London Branch – …

A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller informed Vladimir Putin of the Company’s performance in 2015, particularly gas production, domestic supply, and the implementation of the Russian Regions Gasification Program. He also …

Alexey Miller, Chairman of the Gazprom Management Committee, Marc Benayoun, CEO of Edison SpA, and Theodoros Kitsakos, CEO of DEPA SA, signed today the Memorandum of Understanding on natural gas deliveries across the Black Sea from Russia via third countries to Greece and from Greece to Italy in order to establish a southern route to deliver Russian natural gas to Europe. The …

The Board of Directors addressed the issue of electing Gazprom Management Committee Chairman and unanimously decided to re-elect Alexey Miller as Gazprom Management Committee Chairman for a 5-year term starting from May 31, 2016.

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 …