Gazprom and China’s CNPC Discuss Relevant Aspects of Strategic Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dai Houliang, Chairman of the Board of Directors of CNPC (China), took place today at the St. Petersburg International Economic Forum 2023. The parties discussed relevant issues pertaining to the strategic cooperation between the two companies in terms of the existing and prospective projects. In particular, attention was …
Gazprom Assesses the Potential for Increasing Production on the Continental Shelf
Gazprom’s potential recoverable resources on the continental shelf are 1.2 times higher than the current recoverable reserves – 8.7 billion tons of hydrocarbon reference fuel compared to about 7 billion, according to a member of the board, head of the company’s department Sergey Menshikov. “The recoverable reserves of hydrocarbon raw …
Opening of Order Book for Additional Replacement of Gazprom’s Eurobonds of Series 29 with Russian Bonds
Gazprom carries on the additional exchanges of Eurobonds for the bond holders who could not take part in the initial replacement operations. In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an additional issue of Russian bonds replacing the Eurobonds of Gaz Capital S.A. of series 29 issued for the amount of USD 900 million (maturity date – February 6, …
It is Planned to Ensure the IT Independence of the Russian Oil and Gas Industry by 2028
For this, a consortium of leading fuel and energy companies is being created. Oil and gas companies plan to create an industrial consortium “Neftegaz”. With its help, they expect to completely cover the IT needs for the industry with domestic solutions by 2028. This was stated by the head of …
Alexey Miller and Uzbekistan’s Minister of Energy Jurabek Mirzamakhmudov Discuss Current and Prospective Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Jurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, took place today. The parties discussed their current and prospective cooperation, including the matters pertaining to Russian gas supplies to Uzbekistan. Source
Gazprom Dobycha Orenburg Has Completed a Production Program for April and From the Beginning of 2023
Gazprom Dobycha Orenburg has completed a production program for the extraction and transportation of hydrocarbon raw materials and finished products for April and from the beginning of 2023. The gas production indicator was 105.1 percent with respect to the planned task, condensate – 109.0 percent, oil – 123.8 percent. The …
Kommersant Reported a 10% Decrease in Gas Production in the First Quarter
In the first quarter of this year, gas production in Russia fell by 10% compared to the same period last year, to 180 billion cubic meters. m. This was reported by the Kommersant newspaper, citing sources familiar with the statistics. In March, production also decreased by about 10% and amounted …
Growth of Gazprom’s Reserves Due to Geological Exploration Exceeded Production Volumes for the Eighteenth Year in a Row
Increase in reserves as a result of geological exploration – 529.2 billion cubic meters. m. The largest increase is provided in the Yamalo-Nenets Autonomous Okrug. The Board of Directors of PJSC Gazprom took note of the information on the status of work to ensure the resource base, geological study of …
XX International Conference “Offshore Development in Russia and the CIS-2023” – Moscow, Baltschug Kempinski Hotel, May 19, 2023
The conference will be held with the support of PJSC Gazprom. The purpose of the conference is to discuss strategies for studying and developing the oil and gas potential of the continental shelf in the current financial and economic situation in the country, as well as reviewing modern technologies for …
Alexey Miller and Iranian Ambassador to Russia Kazem Jalali Discuss Energy Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kazem Jalali, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Federation, took place today. The parties discussed relevant issues pertaining to their energy cooperation. Source