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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Turkish Stream pipeline talks stall
NEWS
Turkey - July 30, 2015

Negotiations between Russia and Turkey on the Turkish Stream pipeline project have been suspended, following disagreement over pricing and permit…

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Gazprom output lowest in post-Soviet era
NEWS
Russia - July 29, 2015

Russia’s Gazprom is on track to turn in gas output figures for 2015 that would be the lowest since the company was formed following the dissolution of the Soviet…

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Saipem ousted from Turkish Stream
NEWS
Russia - July 09, 2015

Italian oil services contractor Saipem will no longer carry out its $2.7 billion contract to lay the natural gas pipeline under the Black Sea for the Turkish Stream…

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Ukraine halts gas imports from Russia
NEWS
Ukraine - July 01, 2015

As of July 1, Ukraine’s Naftogaz is halting gas imports from Russia’s Gazprom.

The Ukrainian state company made the announcement on Tuesday after negotiations in…

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Construction starts on China-Russia spur
NEWS
China - June 29, 2015

China has begun construction on a spur to Russia’s Power of Siberia gas pipeline, energy officials from the two countries announced on Monday.

A ceremony was held…

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Gazprom hikes output at Iraq oilfield
NEWS
Iraq - June 25, 2015

Gazprom Neft has almost doubled oil production at the Badra oilfield in Iraq, the company announced on Wednesday.

The Russian international and its partners have…

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Total to exit Russia shale, Arctic deals
NEWS
Russia - June 25, 2015

Total will withdraw from an agreement with Lukoil to develop challenging oil and gas plays, the Russian company’s CEO has said.

Russian daily Kommersant cited…

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Interview
Iraq - June 12, 2015

Oliver Westmacott, president and chief operating officer of Canada-headquartered security services provider GardaWorld, talks to TOGY about the lesser-known practical…

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Gazprom pushes for Turkish Stream
NEWS
Turkey - June 03, 2015

Russian gas giant Gazprom presented the Turkish Stream project at the World Gas Conference held in Paris and later announced plans to Reuters to begin construction…

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