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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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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Gazprom awards TurkStream contract
NEWS
Russia - December 08, 2016

Gazprom on Thursday announced it had signed a deal with the Swiss Allseas Group to start construction on the first section of the TurkStream pipeline.

Work is…

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Obama drops Arctic lease sales
NEWS
USA - November 21, 2016

The administration of outgoing US President Barack Obama announced on Friday that it was rolling back development plans in the Arctic Ocean, triggering calls on…

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