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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Iran signs milestone contract with Total
NEWS
Iran - July 03, 2017

Iranian officials signed a contract with a Total-led consortium for the development of phase 11 of the super-giant South Pars gasfield on Monday.

The deal marks the…

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Rosneft strikes oil in the Arctic
NEWS
Russia - June 19, 2017

Rosneft, the world’s premier listed oil company by output, said on Sunday it had discovered its first Arctic oilfield.

“During the drilling of the…

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Rosneft to invest USD 8.5 bln in offshore
NEWS
Russia - June 14, 2017

Russia’s Rosneft, the world’s leading listed oil company by output, told international media on Wednesday that it was planning to invest RUB 480 billion (USD 8.47…

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Gazprom to sign Bolivia agreements
NEWS
Bolivia - May 29, 2017

Bolivia is hoping to sign several gas exploration agreements with Russia’s giant Gazprom on the sidelines of the 21st St. Petersburg International Economic Forum this…

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TurkStream construction to start in days
NEWS
Multinational - May 05, 2017

Russia’s Gazprom is set to start building the TurkStream gas pipeline ahead of schedule, local media reported on Thursday.

“We have finished all preparatory and…

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Gazprom, Total post profits
NEWS
Multinational - April 27, 2017

Russian Gazprom’s annual profit in 2016 was up 21% and French major Total’s net income in Q1 2017 was up 77% from the same quarter the year before, the companies said…

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Nord Stream 2 signs Allseas contract
NEWS
Multinational - April 12, 2017

Nord Stream 2 said on Wednesday it had started the environmental impact assessment procedure for the Russian sector of the eponymous trans-Baltic gas pipeline, days…

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Gazprom welcomes CNPC unit for plant
NEWS
Russia - April 05, 2017

China Petroleum Engineering & Construction Corporation (CPECC) will be brought on board for work on the Amur gas-processing plant, Gazprom said on Tuesday.

The…

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