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Alexey Miller and Luxembourgian Deputy Prime Minister Etienne Schneider note high share of gas in Luxembourg’s energy mix

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The parties emphasized the high share of natural gas in the energy mix of Luxembourg and its key role in power generation. It was noted that gas-fired power plants had a number of advantages, including eco-friendliness and economic efficiency. The share of natural gas in Luxembourg’s energy mix is 26 per cent. However, over 90 per cent of electricity in the country is generated by gas-fired power plants. ... Read More »

47 CNG stations of Gazprom to be available for 2018 FIFA World Cup Russia™

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It was noted that Gazprom was making systematic efforts to develop the NGV refueling network in Russia. The Company is building new compressed natural gas (CNG) stations and platforms for mobile refuelers, as well as installing CNG modules at the existing filling stations. In addition, the operating NGV infrastructure is undergoing renovations. The aforementioned efforts are especially intensive in Moscow, St. Petersburg, the Republics of Bashkortostan and Tatarstan, the Altai, Krasnodar, Perm and Stavropol Territories, and the Leningrad, Mo... Read More »

Gazprom signs Guiding Principles to reduce methane emissions across natural gas value chain

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By signing the document, Gazprom made a commitment to further reduce methane emissions from the Company’s facilities and encourage other market participants across the natural gas value chain – from production to the final consumer – to do the same. The commitment was made as part of the wider efforts by the global energy industry to ensure that natural gas continues to play a critical role in helping meet future energy demand while addressing climate change. Since natural gas consists mainly of methane, a greenhouse gas, its role in the tra... Read More »

Gazprom and ChelPipe sign roadmap to produce pipes for offshore projects

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In accordance with the document, ChelPipe will adopt the technology to produce pipes from the 25Cr Super Duplex steel and the UNS N06625 nickel alloy. Thanks to these materials, the equipment used in offshore environments will acquire such characteristics as ultra-high strength and corrosion resistance. No pipes of this kind are produced in Russia at the moment. It is planned to deliver, test and certify prototypes under Gazprom’s requirements in the course of 2018. The pipes will be used in the manufacturing of domestic equipment for subsea... Read More »

Gazprom to reorganize operational structure for exports

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The new business model sets up an Integrated International Marketing Division, which will be responsible for supplies, trading and marketing within the entire export portfolio of Gazprom. The Integrated Division will be developed in two stages in the space of two years. The first stage will involve the merging and optimization of activities and assets within the Gazprom Germania Group. At the second stage, the newly restructured Gazprom Germania and Gazprom Export will unite their operations so as to set up the Integrated International Marke... Read More »

Gazprom’s 13th Investor Day held in New York and London

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Taking part in the events were Andrey Kruglov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee, Vsevolod Cherepanov, Member of the Management Committee, Head of Department, Mikhail Rosseev, Deputy Chief Accountant, Kiril Polous, Head of Directorate, and management representatives of the Company’s structural units and subsidiaries, such as Gazprom Neft, Gazprom Export, and Gazprom Energoholding. As usual, the Investor Day attracted a wide range of portfolio managers and analysts from major global investment funds an... Read More »

Gazprom Transgaz Yugorsk and Gazprom Transgaz Tomsk triumph in Spartakiada Games

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Closing ceremony Enlarged photo (JPG, 17.9 MB) Swimming competition Enlarged photo (JPG, 5.6 MB) The team of Gazprom Transgaz Yugorsk took top honors in the adult competition. Gazprom Transgaz Moscow and Gazprom Transgaz Yekaterinburg took the second and third place, respectively. Winning teams Enlarged photo (JPG, 11.9 MB) Enlarged photo (JPG, 2.6 MB) Gazprom Transgaz Tomsk was declared the winner in the children’s competition, followed by Gazprom Transgaz Moscow and Gazprom Transgaz Ukht... Read More »

Gazprom and BASF spotlight importance of timely execution of Nord Stream 2 project

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Alexey Miller Enlarged photo (JPG, 676 KB) Kurt Bock Enlarged photo (JPG, 1 MB) The parties discussed the ongoing cooperation between the companies, paying particular attention to the Nord Stream 2 project. It was noted that the project was implemented for the benefit of European consumers. At present, Russian gas imports to Europe continue to grow. Specifically, in the first half of 2017 Gazprom supplied Germany with 26.5 billion cubic meters of gas, an increase of 3.8 billion cubic meters (+16.7 percent) against the ... Read More »

Gazprom and SOCAR address cooperation issues

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The parties discussed cooperation issues, paying attention to, among other things, natural gas supplies to Azerbaijan. Background SOCAR is Azerbaijan's largest state-owned petroleum company engaged in oil, natural gas and gas condensate exploration, production, processing, transportation and sales. On September 11, 2015, Gazprom Export and Azerbaijan Methanol Company (AzMeCo) signed a mid-term Sales and Purchase Agreement for up to 2 billion cubic meters of gas annually. ... Read More »

Gazprom and Serbian Ministry of Mining and Energy sign roadmap to develop Serbia’s gas transmission capacities

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The parties expressed deep appreciation for their bilateral relations, noting the continuously developing partnership in a number of areas, including gas storage. In early June 2017, a memorandum was signed to expand the Banatski Dvor UGS facility. The facility's capacities will be increased from 450 to 750 million cubic meters. The meeting also touched upon the persistently growing demand for Russian gas in Serbia. According to estimates, Gazprom’s gas exports to the country between January 1 and June 26, 2017, added 47.7 per cent against t... Read More »

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