Gazprom

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The …

Gazprom’s Geological Exploration Program will not be considerably adjusted. Despite a not too favorable international economic situation, sector-specific sanctions of the USA and Europe against Russia as well as a difficult financial environment in our country, Gazprom keeps enhancing its mineral resource base as well as getting ready for development …

Today OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2014. The table presents the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2014 and 2013. All amounts are …

A Rosneft representative refused to comment on the possible creation of a gas offshoot, Rosneft Gaz. One of the sources explained that “the idea to spin off company’s businesses has been discussed.” State-owned Rosneft plans to spin off its gas business into a subsidiary, Forbes reported citing sources aware of the situation.According to the sources, …

Alexey Miller, Chairman of the Gazprom Management Committee and Miguel Galuccio, Chief Executive Officer of Argentine National Petroleum Company YPF signed a Memorandum of Cooperation in Moscow today. The ceremony was held in the presence of Vladimir Putin, President of the Russian Federation and Cristina Fernandez de Kirchner, President of …

TMK, one of the world’s leading producers of tubular products for oil and gas industry, started large diameter pipe (LDP) supplies for Power of Siberia gas transmission system by Gazprom with April shipments to reach near 28 kt. Gazprom named TMK as one of tubular product suppliers for the project …

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 …

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 …

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 …

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 …