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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Russia and Ukraine reach supply accord
NEWS
Russia - September 29, 2015

Russia and the Ukraine have reached a supply agreement to bring gas to the EU.

The “winter agreement” is for about 2 bcm (70.6 tcf) of natural gas from Russian…

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Turkish Stream pipeline talks frozen
NEWS
Turkey - September 11, 2015

Talks for the proposed Turkish Stream pipeline have been frozen between Turkey and Russia, Turkey’s energy minister Ali Riz Alaboyun announced at a press conference on…

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Gazprom and YPF sign Vaca Muerta accord
NEWS
Argentina - September 07, 2015

Russian energy corporation Gazprom and Argentina’s state-run oil and gas company Treasury Petroleum Fields (YPF) signed an agreement on Friday to develop the South…

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Nord Stream 2 agreement signed
NEWS
Russia - September 04, 2015

Project shareholders have signed an agreement for the establishment of a company to operate the Nord Stream II pipeline, Russian news agency RIA Novosti reported on…

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Russia and China sign gas memo
NEWS
China - September 03, 2015

The Russian company Gazprom signed a memorandum of understanding with the state-controlled China National Petroleum Corporation on Thursday to increase gas flow from…

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Wärtsilä wins contracts for LNG ships
NEWS
Finland - September 01, 2015

Finnish corporation Wärtsilä was awarded two new contracts on Monday for regasification units by South Korean shipyard, Hyundai Heavy Industries (HHI).

The systems…

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Lukoil buys foothold in Russian Arctic
NEWS
Russia - August 17, 2015

Russia’s Lukoil has beat out majority state-owned rival Rosneft to win an licence for the East Taimyr oilfield on Russia’s Arctic coast. The publicly held Lukoil,…

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Turkish Stream pipeline cost revealed
NEWS
Russia - August 11, 2015

On Monday, Russia’s state-owned oil and gas company Gazprom announced that the cost of construction for the Turkish Stream pipeline was estimated at €11.4 billion,…

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