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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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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Gazprom Neft Badra hits milestone
NEWS
Iraq - March 28, 2017

The Gazprom Neft subsidiary charged with developing Iraq’s Badra oilfield, Gazprom Neft Badra, on Monday announced a production milestone.

The field, located in…

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Gazprom, Eni sign MoU
NEWS
Multinational - March 21, 2017

Russia’s Gazprom has signed a Memorandum of Understanding with Italy’s Eni to develop Europe’s southern gas corridor, the Italian major reported on…

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Week in review
NEWS
Multinational - March 10, 2017

The past week was one of farm-ins and acquisitions, with several majors splurging on gas-rich acreage in particular.

OMV set the buying in motion on Monday when it…

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OMV buys into Russian field
NEWS
Russia - March 06, 2017

OMV on Monday announced it had reached an agreement with German energy company Uniper on the acquisition of a stake in the Yuzhno Russkoye field.

One of Russia’s…

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Gazprom outlines strategy as sales slide
NEWS
Russia - March 02, 2017

Russia’s gas giant Gazprom released data on Wednesday showing that its gas exports to Europe and Turkey dipped in February, while its potential income for 2017 was…

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Russian oil majors post profits
NEWS
Multinational - February 22, 2017

Russia’s Rosneft and Gazprom Neft, the oil division of the country’s gas giant, Gazprom, posted profits on Wednesday.

Gazprom Neft announced an 82.5%…

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