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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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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Articles
Multinational - February 12, 2017

Last Tuesday, mooring technology and equipment services company InterMoor announced the completion of one of the largest suction piles ever manufactured. To be…

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Gazprom catches analysts off guard
NEWS
Russia - January 19, 2017

Gazprom reported some USD 1.7 billion in earnings over the third quarter of 2016 on Thursday, beating analysts’ forecasts.

Measured over the first nine months…

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