Gazprom Responds to EU “Statement of Objections”
On April 22, 2015 the European Commission published a press release on its official website, according to which the European Commission adopted a “statement of objections” in the course of ongoing antitrust investigation of OAO “Gazprom” activity in the European Union (EU). OAO “Gazprom” considers the claims brought by the …
Nord Stream – Reliable and Efficient Route of Russian Natural Gas Supplies to Europe
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean-Francois Cirelli, Special Advisor to the Presidency of GDF Suez (Gas Supplies). The parties addressed the current issues and prospects for the cooperation deepening in the gas sector, paying special attention to …
Gazprom & Russian Gas Production Overview & Future Developments Part 2
In part 2, we conclude the article by looking at the production outlook, including market risks. (Click here for Part 1) Production Outlook While the discussion above points to considerable upstream activity, much of the expected production increments in the coming years come from either the Nadym-Pur-Tazovsky Region (existing fields still …
Gazprom: Looking to Maintain Global Gas Market Position
The Gazprom Board of Directors took notice of the information about new trends in the global energy sector and their possible impact on the world gas market structure. In order to evaluate the influence of such phenomena on the global gas market, the relevant stress-scenarios envisaging the conservation and development of the outlined mid-term and long-term trends, were formed and reviewed. The …
Gazprom: Looking At More Stock Exchange Listings
The Board of Directors took note of the information about Gazprom’s activities aimed at gaining new stock markets for the Company’s shares. At present, Gazprom’s shares are listed on the Moscow and Saint Petersburg Exchanges as well as Russia’s over-the-counter market. The Global Depositary Receipts (GDRs) against the Company’s shares are traded on the London, Berlin and Frankfurt …
Russian Offshore to Open Up?
Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation …
Gazprom and PwC Address Cooperation Prospects
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dennis Nally, Chairman of PricewaterhouseCoopers International Limited. The parties looked at the issues of rendering information and consultancy services to Gazprom in various sectors of business development. Special consideration was given to …
Gazprom and Total Target High Potential of Exploration Activities in New Bolivian Blocks
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Patrick Pouyanne, Chief Executive Officer and President of the Executive Committee of Total. The parties addressed the core issues of the bilateral cooperation, giving attention to the current status of the agreements …
Gazprom: Proposes RUB 7.20 per Share Dividend
The Gazprom Management Committee addressed the issues associated with preparing and holding the Company’s annual General Shareholders Meeting. The Management Committee approved the proposal to convene the annual General Shareholders Meeting of Gazprom at 10:00 am (local time) on June 26, 2015 at the Company’s headquarters in Moscow. Registration of …
Gazprom: Shoots Seismic at Chayandinskoye
In the Chayandinskoye oil and gas condensate field in the Republic of Sakha (Yakutia), LLC “Gazprom exploration“completed extensive seismic work. Here, the company pioneered the use of high-density wide-azimuth seismic method 3D. Shortly before the end of the research in the field, journalists visited the Far East media, which shows how …