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

Israel strike on Iran’s giant South Pars gasfield shakes energy markets
NEWS
Iran - March 18, 2026

An Israeli strike on Iran’s South Pars gasfield has driven oil and gas prices higher and heightened energy security risks in…

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Hungary’s MOL to acquire majority stake in Serbia’s NIS
NEWS
Serbia - January 20, 2026

MOL Group has signed a deal to acquire a 56.15% stake in Serbia’s NIS from Gazprom Neft.

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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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YPF-Gazprom deal expected in Argentina
NEWS
Argentina - January 23, 2018

Following a meeting between Argentinian President Mauricio Macri and Gazprom executives in Moscow, the Russian giant is expected to soon sign an agreement to work with…

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Siberian pipeline to be ready in 2019
NEWS
Multinational - December 27, 2017

The Power of Siberia pipeline is two-thirds complete and will start supplying Russian gas to China by the end of 2019, Gazprom CEO Alexey Miller announced in a…

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Moscow to continue supporting Kurdistan
NEWS
Kurdistan Region of Iraq - December 14, 2017

Iraq’s territorial integrity must be preserved, but co-operation between Russian oil companies and the Kurdistan Region of Iraq will continue despite violence…

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Gazprom signs deal with Iran
NEWS
Iran - December 14, 2017

Gazprom has signed a roadmap agreement with the Iranian Ministry of Petroleum, the company announced Wednesday. 

The MoU covers a proof-of-concept study on the…

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Austria blast causes gas crunch in Italy
NEWS
Multinational - December 12, 2017

Italy was set to declare a state of emergency covering its energy imports, and natural gas supplies into much of Europe were disrupted after an explosion at an Austrian…

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Interview
Kurdistan Region of Iraq - November 22, 2017

Shwan Zulal, managing director of Carduchi Consulting, talks to TOGY about the current investment climate in the Kurdistan Region of Iraq, the importance of managing…

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DNO to up Kurdistan investments
NEWS
Kurdistan Region of Iraq - November 09, 2017

DNO plans to step up investments in the Kurdistan Region of Iraq despite recent violence that has decimated the region’s energy production, the Norwegian company…

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Russia, Iran expand gas co-operation
NEWS
Iran - November 06, 2017

Gazprom signed an MoU on strategic co-operation with the Iranian Oil Ministry, the company announced on Friday.

They will investigate options for joint gasfield…

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