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.

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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.

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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…

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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…

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Record production in Iraq rattles markets
NEWS
Iraq - January 26, 2016

The Iraqi Ministry of Oil released its production and export data for December on Monday, revealing the central and southern provinces alone had produced a record daily…

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Saipem, Technip vie for Nord Stream
NEWS
Russia - January 13, 2016

Italian firm Saipem and France’s Technip are in competition for a tender to build the USD 4-billion expansion to Russia’s Nord Stream gas pipeline, a local business…

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Interview
Colombia - January 08, 2016

As production continues to increase in Mexico and Venezuela, Colombia is trying to maintain its allure for foreign investors. Luis Giusti, senior advisor for energy and…

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Russia cancels China pipeline tender
NEWS
Russia - December 30, 2015

Gazprom has cancelled a USD 2.2-billion tender for the partial construction of its 4,000-km Power of Siberia gas pipeline to China, the Russian energy giant stated in a…

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Russia, India tighten energy ties
NEWS
India - December 28, 2015

Indian Prime Minister Narendra Modi’s visit to Russia last week saw progress on four agreements made between the two countries.

Indian company ONGC Videsh bought…

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YPF, Dow enter Argentina shale play
NEWS
Argentina - December 16, 2015

Argentine state-run oil company YPF and US company Dow Chemical’s local unit will invest $500 million in shale gas exploration in the South American country in 2016,…

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