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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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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Putin inaugurates new oil, gas pipelines
NEWS
Russia - January 18, 2017

Russian President Vladimir Putin said on Wednesday that three new pipelines recently entered into operation would help secure future exports.

Speaking via a video…

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Gazprom commits funds to TurkStream
NEWS
Turkey - December 30, 2016

Gazprom on Friday said it would extend more than USD 300 million in loans to its subsidiary overseeing the construction of the TurkStream pipeline.

The…

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Articles
Abu Dhabi - December 28, 2016

In August 2015, the Italian super-major Eni made the largest gas discovery ever in the Mediterranean. For the third part of our series on the best projects of 2016, we…

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Iran to push ahead with MoU signings
NEWS
Iran - December 27, 2016

Iran is likely double the number of memorandums of understanding with international oil companies in the coming months, Deputy Managing Director of National Iranian Oil…

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Petronas, Iran sign co-op deal
NEWS
Iran - December 21, 2016

Malaysia’s Petronas and the National Iranian Oil Company signed an MoU on Wednesday for co-operation on a study of Iran’s South Azadegan and Cheshmeh Khosh…

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Gazprom, Iranian gas company sign MoU
NEWS
Iran - December 13, 2016

The National Iranian Gas Company (NIGC) and Gazprom Neft signed an MoU on co-operation on Tuesday morning. The agreement follows a January 2016 initiative between the…

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