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…

READ MORE
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.

READ MORE
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
Russian refinery on stream after fire
NEWS
Russia - November 03, 2017

The Yanos refinery in Yaroslavl has resumed normal operations after a fire on Wednesday, international media reported on Friday.

The fire at a crude distillation…

READ MORE
Gazprom, Petrofac sign 3-year Kurdistan deal
NEWS
Kurdistan Region of Iraq - October 10, 2017

Petrofac will provide engineering services to Gazprom Neft at its operations in the Kurdistan Region of Iraq, the Middle East-focused EPC company announced on…

READ MORE
Gazprom Neft in Aramco agreement, find
NEWS
Saudi Arabia - October 06, 2017

Russia’s Gazprom Neft signed a memorandum of co-operation with Saudi Aramco on Thursday, a day after announcing a new offshore discovery in the Ayashsky block in…

READ MORE
Petrofac bags Sakhalin, TurkStream contracts
NEWS
Multinational - September 06, 2017

Petrofac announced on Wednesday that it had signed a contract worth upwards of USD 700 million to work on the onshore gas processing facility on Sakhalin Island.

“We…

READ MORE
Russian firms file Iran investment plans
NEWS
Iran - September 05, 2017

Gazprom Neft, Zarubezhneft and Lukoil have submitted proposals to invest in several Iranian oilfields to the National Iranian Oil Company, local media reported on…

READ MORE
Gazprom Neft test fires Badra LPG
NEWS
Iraq - August 23, 2017

Russia’s Gazprom Neft has produced its first LPG at the Badra oilfield in Iraq, international media reported on Wednesday.

Commercial production at the field’s…

READ MORE
Gazprom Neft posts higher profits
NEWS
Russia - August 10, 2017

Gazprom Neft, the oil arm of Russia’s gas giant, Gazprom, said on Thursday that its profits for the first half of 2017 were 23.1% higher than during the same period…

READ MORE
Kirkuk-Iran oil pipeline on horizon
NEWS
Iran - July 31, 2017

A pipeline that would export oil from Iraq’s Kirkuk fields via Iran is being assessed by officials from both countries, Iran’s petroleum minister said on…

READ MORE