Gazprom and Bulgaria Implementing South Stream According to Schedule
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Delyan Dobrev, Bulgarian Economy, Energy and Tourism Minister. The meeting addressed the current status of the Russian-Bulgarian cooperation in the energy sector. The focus was placed on the South Stream project implementation. The meeting participants underlined that the project was …
Gazprom and GDF SUEZ Address Current Cooperation Status
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean-Francois Cirelli, Vice Chairman and President of GDF SUEZ. The parties discussed the current situation in the global gas market and the partnership between the two companies in the energy sector. In addition, the meeting participants noted significant progress …
Gazprom and members of Japanese Parliament discuss prospects for gas supplies buildup
The Gazprom Export headquarters hosted today a working meeting of Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Director General of Gazprom Export with a parliamentary delegation representing the ruling Democratic Party of Japan, with Seiji Maehara, Member of the House of Representatives, Chairman of the Party’s Policy Affairs Research Council at the lead. The meeting addressed the current cooperation of Gazprom …
Gazprom reports its 2011 financial results under IFRS
On April 27, 2012 OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2011. Sales (net of VAT and customs duties) increased by RUB 1,040,036 million, or 29%, to RUB 4,637,090 million in the year ended December 31, 2011 compared to the year ended December 31, 2010. More …
Gazprom: Itochu Corporation ready to expand cooperation
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Eizo Kobayashi, President and Chief Executive Officer of Itochu Corporation. The parties discussed the status of joint projects as well as possible ways and areas of the cooperation expansion. In particular, the meeting summed up the interim results of the joint efforts within …
Gazprom to Increase Oil Production by 48.4% to 80 million Tons by 2020
The Gazprom Board of Directors reviewed the efficiency of Gazprom’s oil business and addressed the proposals on boosting oil production volumes. The Board of Directors approved the work done within Gazprom’s Oil Business Strategy, with Gazprom Neft being primarily responsible for this sector. It was highlighted that Gazprom was among the domestic oil industry leaders. Between 2006 and 2011 the annual …
Gazprom and Novatek Sign Co-Operation Agreement for Yamal LNG
Gazprom and NOVATEK have signed a Memorandum of Cooperation, according to which they address possible establishment of joint ventures to build up integrated capacities on liquefied natural gas (LNG) production on theYamal Peninsula and joint development of the available resource base on the Gydan Peninsula. Field Pre-Development Scheme for the Ob & Taz Bays For the purpose of increasing LNG production on the Yamal Peninsula …
Gazprom Group increases annual oil production by 18 per cent from 2006 to 2011
The Gazprom Management Committee reviewed the performance of the Gazprom oil business and addressed the suggestions on increasing the oil production volumes. It was noted that Gazprom was among the leaders of the domestic oil industry. Between 2006 and 2011 the annual oil production by Gazprom Group (accounting the oil volume produced by affiliates and joint ventures, in proportion to the ownership …
Management Committee addresses Gazprom’s annual General Shareholders Meeting related issues
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 10:00am (local time) on June 29, 2012 at the Company’s headquarters in Moscow. Registration of the meeting participants is to be carried out on June 27 (from 10:00am to 5:00pm) and on June …
Gazprom Completing Bovanenkovo Field Pre-Commissioning
Pre-commissioning work entered its final stage at the first startup complex of the Bovanenkovo field. Gas produced from the field was conveyed to the comprehensive gas treatment unit (CGTU) module 1. This process step is required to complete hot testing of the CGTU as well as for comprehensive testing of equipment at the first startup complex within the Bovanenkovo field pre-development. Completion …