Gazprom

Gazprom Group including Gazprom Export fully and timely settles all payments in Russian and foreign currencies on the accounts of Gazprom and its affiliated companies, opened by Gazprombank despite the expanded sanctions imposed unilaterally by the US administration on July 16, 2014 in respect of a number of Russian companies including Gazprombank.

Russian oil producer Gazprom has replaced Alexander Medvedev as head of its exporting arm, Gazprom Export, with one of his deputies, Elena Burmistrova, as part of steps to increase its share in new and established markets. Medvedev, 58, will continue in his role as a deputy CEO at Gazprom, the …

The head of Gazprom Alexey Miller has announced that “Power of Siberia pipeline and export supplies to China were planned only for Gazprom resource base”. This position is completely different from the target of developing Siberia and Far East regions and openly contradicts the current legal system. The argument of …

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, signed a framework agreement with Gazprom Neft on drilling and hydraulic fracturing services on 17 June 2014. The agreement guarantees full utilization of four new drilling rigs and one new fracturing fleet …

At the 21st World Petroleum Congress Rosneft, Ministry of Industry and Trade of the Russian Federation, Gazprom, NOVATEK, Gazprombank, Sovkomflot, United Shipbuilding Corporation signed a Joint Venture Agreement in relation to the implementation of vessel, drilling rig and marine equipment construction and design projects on the 16th of June. The …

Today at 10:00 (Moscow time), in full compliance with the effective contract, Gazprom switched Naftogaz of Ukraine to a prepayment of gas supplies. The decision was made owning to persistent non-payments by Naftogaz of Ukraine. The overdue debt of the company for the supplied Russian gas equals USD 4.458 billion: USD 1.451 billion – for November and December 2013 and USD 3.007 billion for April and …

Lithuania’s competition authority has fined Russia’s Gazprom a record 123 million Lithuanian litas ($48 million), saying that the company had prevented competition in the Baltic state reported Reuters. * Fine is highest ever imposed by the Lithuanian watchdog * Gazprom is Lithuania’s sole supplier of natural gas * Company also …

On the threshold of Gazprom‘s annual General Shareholders Meeting the Company’s headquarters hosted today the Press Conference “Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development”. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Members of the Gazprom Management …

A working meeting took place today among Dmitry Medvedev, Russian Prime Minister, Alexander Novak, Russian Energy Minister and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller informed Dmitry Medvedev that Ukraine’s total debt for Russian gas, including for the past year, totaled USD 3.508 billion. It was pointed out that Ukraine had made …

Alexey Miller, Chairman of the Gazprom Management Committee took part today in the South Stream Transport Supervisory Board meeting in Zurich (Switzerland). The Board members approved the signing of a contract for laying the first string of South Stream’s offshore section and a pipe procurement contract for the second string …