Gazprom Financial Results: Sales Up in EU, Prices Up and Profits Down
OAO 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, 2012. Net sales of gas decreased by RUB 157,934 million, or 8%, to RUB 1,829,396 million in the nine months ended September 30, 2012 compared to the nine months ended September …
Zapolyarnoye becomes most productive field in Russia – 130 billion cubic meters per year
The Taz District of the Yamal-Nenets Autonomous Area hosted today the celebrations dedicated to bringing the Zapolyarnoye field to its full design capacity, i.e. 130 billion cubic meters of gas per year. The celebrations were attended by Dmitry Medvedev, Chairman of the Russian Federation Government, Alexey Miller, Chairman of the Gazprom Management Committee and Dmitry Kobylkin, Governor …
Dmitry Lyugai put in charge of Gazprom’s Prospective Development Department
Dmitry Lyugai is put in charge of the Prospective Development Department of Gazprom. Dmitry Lyugai Enlarge photo (JPG, 1 MB) Dmitry Lyugai was born in 1962 in the Uzbek SSR. In 1984 he graduated with honors from Tashkent State Polytechnic Institute, majoring in Technology and Integrated Mechanization of Oil and Gas Fields. Dmitry Lyugai is a Doctor of Engineering (1999). His entire labor …
Gazprom and Novatek extend Memorandum of Cooperation
Gazprom and NOVATEK have extended the Memorandum of Cooperation signed this April until February 1, 2013. According to the document, Gazprom and NOVATEK address possible establishment of joint ventures to build up integrated capacities on liquefied natural gas (LNG) production on the Yamal Peninsula and joint development of the available …
Gazprom finishes heat supply system reconstruction in Petrodvortsovy district of Saint Petersburg
The Petrodvortsovy district of Saint Petersburg hosted celebrations today dedicated to commissioning of the most large-scale project within reconstruction of heat supply facilities in the city – a 419 MW boiler house in the Lomonosov municipality. Alexey Miller (center) and Georgy Poltavchenko (left) at boiler house in Lomonosov municipality (Saint Petersburg) Enlarge photo (JPG, 2 MB) Taking part in the events were Alexey Miller, …
Gazprom taking comprehensive measures to build long-term investor relations
The Board of Directors approved Gazprom’s current shareholder and investor relations and tasked the Management Committee to take further steps for improving it. Gazprom is taking comprehensive measures to build long-term efficient relations with representatives of the investment community. Special attention is paid to maintaining a transparent and constructive dialogue. The aim of this activity is to clarify Gazprom’s current activities and development …
Gazprom: Board of Directors approves Investment Program, Budget and Cost Reduction Program for 2013
The Gazprom Board of Directors took notice of the information on the Company’s preliminary operating results of 2012, projected Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014–2015. Pursuant to the 2013 Investment Program, priority in capital construction costs allocation will be given to the following gas production projects: pre-development of the Bovanenkovskoye, Medvezhye, Urengoyskoye, Yamburgskoye and other …
Board of Directors approves Gazprom activities to arrange pre-development of Chayandinskoye and Kovyktinskoye fields
The Gazprom Board of Directors approved the Company’s activities to arrange pre-development of the Chayandinskoye and Kovyktinskoye fields and took notice of the information regarding their development prospects. Kovyktinskoye field Enlarge photo (JPG, 1 MB) The Management Committee was tasked to inform the Board of Directors on the interim results of these activities in the fourth quarter of 2013. Source
Gazprom Continuing with Shtokman Project Implementation
Gazprom continues implementing the Shtokman field development project. Exploratory drilling in Shtokman field Design and exploration work is underway within the project Phase 2 and Phase 3. Front-end engineering and design (FEED) documents for the offshore facilities have been elaborated in accordance with the international standards. Engineering surveys are at their final stage. Preparation of the project documents in compliance …
Gazprom Management Committee awards 2012 Science and Technology Prize
The Management Committee has awarded the Gazprom 2012 Science and Technology Prize to the author teams of the following research projects: Development and implementation of a process safety evaluation system and diagnostic equipment complex to extend the safe lifecycle of all types of gas wells at underground storage facilities. The research paper took the first place. It was represented by Gazprom UGS. …