Gazprom

Gazprom In Figures

Share of global output of gas: 12%

Number of employees: More than 475,000

Gazprom is one of the largest energy companies in the world. It has over 475,000 employees and is the major player overseeing Russia’s natural gas reserves, the largest proven reserves in the world. Originally an asset of the Soviet and later Russian state, Gazprom is now a public company, with the majority shareholder being the Russian government.

A fully vertically integrated energy company, Gazprom’s major business lines are exploration, production, transportation, storage, hydrocarbon processing and marketing, heat generation and power generation.

Gazprom is primarily known for the supply of gas through its network of gas pipelines. The company has dozens of subsidiaries and major pipelines through which it delivers gas to many export markets.

Gazprom aims to ensure maximally efficient and balanced gas supply in Russia and abroad.

Gazprom News and Interviews

TotalEnergies to exit South Africa gasfield
NEWS
South Africa - July 03, 2024

TotalEnergies has notified South Africa's oil and gas regulator that it plans to exit the 11B/12B offshore gasfield.

READ MORE
Gazprom takes $1-billion Shell stake in Sakhalin-2 LNG
NEWS
Russia - March 26, 2024

Gazprom has acquired a 27.5% stake in the Sakhalin-2 LNG project from Shell for around USD 1 billion.

READ MORE
Iran and Russia partner to develop hydrocarbons assets
NEWS
Iran - July 20, 2022

National Iranian Oil Company has signed an MoU with Russia’s Gazprom to develop key oil and gas assets in Iran, the NOC…

READ MORE
Gazprom halts gas pipeline to Germany, Poland
NEWS
Russia - May 13, 2022

Gazprom has stopped gas deliveries through its Yamal pipeline to Poland and Germany due to sanctions put in place by Russia on…

READ MORE
Shell, Gazprom sign LNG MoU
NEWS
Russia - June 16, 2016

Shell and Gazprom will work to establish an LNG plant on the Baltic Sea coast in Kaliningrad oblast, the Kremlin announced on Thursday. Planned to be built at the port…

READ MORE
Turkey drops to 3rd in Gazprom ranking
NEWS
- June 15, 2016

Italy has overtaken Turkey as the second-biggest purchaser of Gazprom gas, the company’s CEO said on Wednesday, reporting an increase of 5.3% in exports to Italy in…

READ MORE
Gazprom beats rivals to Arctic prize
NEWS
Russia - June 15, 2016

Gazprom outflanked domestic rivals Rosneft and Lukoil at an auction for the rights to develop two Arctic oil and gasfields, Russian regulator Rosendra reported on…

READ MORE
Gazprom strengthens ties to China
NEWS
Russia - May 31, 2016

Russia’s Gazprom met with Chinese state-run China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) to discuss trade and…

READ MORE
Gazprom scales back pipe plans
NEWS
Russia - May 19, 2016

Gazprom has cut its 2016 pipeline construction target for the Power of Siberia gas transmission system by half to 400 km, a member of the company’s management board…

READ MORE
Gazprom gas deliveries up in 2016
NEWS
Russia - March 16, 2016

Gazprom’s gas transports to European countries outside the Commonwealth of Independent States were up 33.5% year-on-year during the first few weeks of 2016, the…

READ MORE
Russian majors back output freeze
NEWS
Russia - March 02, 2016

Russia’s major oil and gas companies will lend their support to the February Doha initiative to cap oil production in an effort to stabilise prices, Russian Energy…

READ MORE
Bulgaria ramps up its energy portfolio
NEWS
Bulgaria - February 23, 2016

Shell signed an agreement at the Bulgarian Council of Ministers to explore an offshore field in the Black Sea.

Bulgarian Minister of Energy Temenuzhka Petkova signed…

READ MORE