Category: Business
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Gazprom continuing to supply gas via Power of Siberia in excess of planned amounts
Background Gazprom’s main partner in China is CNPC, a state-owned oil and gas company. Power of Siberia is the largest gas transmission system in Russia’s East. The trunkline supplies gas to consumers in Russia’s Far East and China. It has an export capacity of 38 billion cubic meters of gas per year. On May 21, 2014, Gazprom and CNPC signed the 30-year Sales and Purchase Agreement for Russian gas…
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International Leaders to Discuss Human-Centric Sustainability at Global Impact Conference 2020
November 19, 2020, Moscow – On December 1-2, 2020 the first Global Impact Conference 2020 “Energy for Impact” will discuss human-centric solutions facilitating steady growth of the global economy. Over two days, 60 world-renowned experts from state institutions, businesses, NGOs and civil society will take part in the online event. The Global Impact Conference 2020…
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Gazprom and Uniper highlight essential role of natural gas in achieving EU’s decarbonization policy goals
November 19, 2020, 15:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andreas Schierenbeck, Chief Executive Officer of Uniper, took place today via a video call. The parties reviewed the state and prospects of cooperation between the companies. Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe’s decarbonization policy…
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Akkuyu Nuclear JSC Obtains the Construction License of Akkuyu NPP Unit 3
November 13, 2020, Ankara, Turkey – Nuclear Regulatory Board has approved the construction license for the third power unit in favor of AKKUYU NUCLEAR JSC. The license application package was submitted to the Nuclear Regulatory Authority (NRA) on March 28, 2019. After examining the application documentation, the Nuclear Regulatory Board adopted Resolution No. 2020-71/2-1 of…
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One more batch of equipment for Kudankulam NPP shipped to India
On November 13, the MV Janis vessel set course for India carrying equipment for Kudankulam NPP Units 3 and 4. This is the twentieth consignment for the NPP, the cargo volume is 7100 m3. The cargo that is being shipped for Unit 3 includes polar crane equipment – crane rail, anchor rods and loading device.…
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NovaWind JSC has commenced the Bondarevskaya wind farm construction in the Stavropol Region
NovaWind JSC has started the construction of the Bondarevskaya wind farm in the Stavropol Region. The capacity of the third wind farm under construction in the region will be 120 MW, the planned annual average output will be 354 mln kWh. The site will have 48 wind turbines installed with a capacity of 2.5 MW…
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Severstal’s improved sustaiability performace recogised i sustaiability rakigs
November 17, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and steel-related mining companies, has been recognized as the leader among Russian mining companies in the 2020 International Corporate Human Rights Benchmark. With a score of 11 out of 26, the Company has also outranked major international metals companies such as ArcelorMittal,…
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Uranium One Enters Italian Biofuel Market
Uranium One (a company of ROSATOM) carried out the first shipment of wood pellets to an Italian consumer company. The vessel delivered over 3 thousand tons of the product. “The Italian solid biofuel market is showing stable growth,” said Andrey Shutov, President of Uranium One. “We aim to further strengthen the cooperation with our Italian…
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Severstal aouces corporate repositioig ad update to the compay’s brad
November 12, 2020 PAO Severstal, one of the world’s leading steel and steel-related mining companies, has launched new corporate branding to reflect the significant transformation of the business into a customer-centric innovative solutions provider. The Company’s new positioning will be presented as part of a large-scale online conference for customers and partners later today. The…
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Negotiations launched on gas supply conditions for Belarus from January 1, 2021
November 11, 2020, 17:50 A working meeting between Alexey Miller Chairman of the Gazprom Management Committee, and Viktor Karankevich, Minister of Energy of the Republic of Belarus, took place today in St. Petersburg. At the start of the meeting, the parties noted that the issue of repaying the debt owed by Belarusian consumers for Russian gas supplies had been completely settled. In this connection, negotiations have been launched…
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JSC Rusatom Healthcare and GEM signed a contract for sterilization of products of the new plant producing microbiology material handling systems
On November 9, 2020 in Moscow, GEM, supported by the Ministry of Industry and Trade of Russia, has opened Russia’s first plant producing uniform line of virus and microbiology handling systems used for coronavirus tests. The production capacity is 1.5 mln handling systems a month. They will be sterilized by ROSATOM’s Sterion, the operator of…
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The Reactor Pressure Vessel for Power Unit 1 Delivered to Akkuyu NPP (Turkey)
November 10, 2020, Mersin – Equipment of major importance for Power Unit 1 – the reactor pressure vessel (RPV) – has been delivered to the Akkuyu NPP site, having covered a distance of 3,000 kilometers. The RPV is large-size equipment, which, at the NPP operation stage, accommodates nuclear fuel, and where a nuclear reaction involving…
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Staff appointments
November 9, 2020, 19:35 Marat Garaev, former Director General of Gazprom Pererabotka, has been appointed Deputy Head of Department 335 at Gazprom. The functions of Director General of Gazprom Pererabotka have been assigned to Airat Ishmurzin, Chief Engineer – First Deputy Director General of this company. Information Directorate, Gazprom +7 812 609-34-21 +7 812 609-34-05+7 812 609-34-31+7 812 609-34-27 Investment Community Related news
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Laboratory for COVID-19 testing opens in Ukhta with support from Gazprom
News from projects and regions November 6, 2020, 15:20 On November 5, a polymerase chain reaction (PCR) laboratory was opened at the Ukhta City Outpatient Clinic. The laboratory will increase the number of tests for the new coronavirus infection (COVID-19) performed in the region and reduce the waiting time for their results. Before the launch of this facility, laboratories of this kind…
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ROSATOM starts production of rare-earth magnets for wind power generation
TVEL Fuel Company of ROSATOM has started gradual localization of rare-earth magnets manufacturing for wind power plants generators. The first sets of magnets have been manufactured and shipped to the customer. In total, the contract between Elemash Magnit LLC (an enterprise of TVEL Fuel Company of ROSATOM in Elektrostal, Moscow region) and Red Wind B.V.…
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The first power unit of the Belarus NPP has been connected to the unified power grid of the Republic of Belarus
On November 3, at 12:03 pm, the first Belarus NPP GenIII+ power unit (its General Designer and General Contractor being the ROSATOM’s Engineering Division) equipped with a VVER-1200 reactor was synchronized with the grid for the first time and delivered the first kilowatt-hours of electricity to the unified power grid of the Republic of Belarus.…
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IAEA experts studying the preliminary safety report of the Paks II project (Hungary)
The Hungarian Atomic Energy Authority has sent the preliminary safety report of the Paks II project to independent international experts for consideration, through the International Atomic Energy Agency. The implementation license application of the Paks II project is based on the preliminary safety report. Paks II. Zrt, the Hungarian client in the Paks II Nuclear…
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ROSATOM Launches Global Atomic Quiz Celebrating World Science Day on 10 November
The world around us is made of atoms. Everything from the tiniest creatures to entire planets consists of these basic particles. The idea of atom has been around for centuries, and the science behind it has come a long way since. The life as we know it would have been quite different without nuclear technologies.…
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Gazprom obtains record-high gas inflow on Kara Sea shelf
Background The Leningradskoye gas and condensate field is located in the Kara Sea within the Leningradsky licensed block. The field’s current recoverable gas reserves are estimated to total 1.9 trillion cubic meters and are classified as unique. In October, a new gas deposit was discovered at the field as a result of drilling and testing of an exploratory well. Commercial gas inflow was obtained with a flow rate…
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Severstal supplies large-diameter pipes to the USA for the first time
November 2, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has completed its first ever delivery of large-diameter pipes (LDP) to the USA, an order of 2,350 tonnes. Severstal’s high-quality LDP products are produced at the IzhoraPipe Mill, which is part of Severstal’s Russian Steel Division, to ASTM A252,…
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Turbine Idle Run at Unit 1 of Belarusian NPP
On October 30, 2020 at the Belarusian NPP (General Designer and General Contractor: Engineering Division of ROSATOM), specialists brought the turbo aggregate rotors to the nominal idle speed (without grid connection), which is one of the most important and crucial operations at the stage of the unit preparation for electricity generation. The rotation start is…
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Gazprom to increase efficiency of its activities through introduction of digital technologies
October 29, 2020, 16:40 The Gazprom Management Committee took note of the information on the projects being designed and implemented for the widespread adoption of digital technologies and other technological solutions. It was highlighted that the introduction of digital technologies is an important tool to improve the effectiveness of the corporate governance and achieve the strategic goals of the Gazprom Group. Today, the Company is at the final stage…
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Required amount of gas totaling 72.3 billion cubic meters injected into Russian UGS facilities in preparations for winter
October 29, 2020, 16:30 Daily deliverability of the UGS facilities has been maintained at the record level of 843.3 million cubic meters. All 13 sets of planned preventive maintenance and repair operations were performed. The Gazprom Management Committee reviewed the operational readiness of the Unified Gas Supply System (UGSS) facilities for peak loads expected in late 2020 – early 2021, as well as the measures necessary to ensure uninterrupted gas…
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Severstal issues the Audit ad Assurace Policy
October 29, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, announces that the Company’s Audit Committee has issued its Audit and Assurance Policy for the three years ending 31 December 2022 which includes the directors’ Risk Report and the directors’ view of its Material Matters. This follows a public…
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Russian enterprises expanding capabilities for manufacturing of offshore production equipment
October 28, 2020, 09:55 The Gazprom Board of Directors took note of the information on expanding the agreement of cooperation in import substitution of equipment, components, and spare parts for subsea production complexes, entered into by the Ministry of Industry and Trade of the Russian Federation and Gazprom in order to ensure the preferential use of domestic equipment in the projects for the pre-development of the Kirinskoye and Yuzhno-Kirinskoye gas and…
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Gazprom facilitating development of gas exchange trading in Russia
October 28, 2020, 09:50 The Gazprom Board of Directors took note of the information on the development of the natural gas exchange trading system. It was noted that the participation of the Gazprom Group entities has been systemically important for the organized gas exchange trading activities at the St. Petersburg International Mercantile Exchange (SPIMEX) since the launch of said trading in 2014. The Group offers the bulk…
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Gazprom stepping up cooperation with Russian manufacturers of gas-powered equipment
October 28, 2020, 09:45 The Gazprom Board of Directors took note of the information on the ongoing import substitution of products, equipment and technologies meant for the NGV market development. It was noted that the production and sale of natural gas as a vehicle fuel is among strategic activities of Gazprom in Russia. The Company is rapidly developing the CNG filling station network, consistently expands its own fleet of vehicles fueled by natural…
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Amur GPP construction project is 67.1 per cent complete
October 28, 2020, 09:40 The Gazprom Board of Directors expressed its approval of the Company’s ongoing work on its major investment projects. In the east of Russia, the systematic expansion of production capacities continues at the Chayandinskoye field in Yakutia. In 2020, it is planned to bring onstream 103 gas wells, a gas pre-treatment unit (GPTU-2), and a membrane unit for helium concentrate extraction. Moreover, capacity increase will be finished at the operating comprehensive gas treatment…
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Gazprom Board of Directors approves revised investment program and budget for 2020
October 28, 2020, 09:35 Gazprom’s overall amount of investments for 2020: RUB 922.489 billion. Gazprom’s borrowings for 2020: RUB 501.287 billion. The Gazprom Board of Directors endorsed the revised investment program and budget (financial plan) for 2020. As per the revised investment program for 2020, the overall amount of investments will stand at RUB 922.489 billion, which is RUB 182.235 billion less than was envisaged in the investment…
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New natural gas filling stations opened in Moscow
October 27, 2020, 11:30 Gazprom’s gas refueling network in the region has been expanded to seven facilities. Two stations of the network are the largest in Europe. Two more CNG filling stations will be opened this year. A ceremonial event celebrating the commissioning of two new infrastructure facilities for refueling motor vehicles with natural gas, eco-friendly vehicle fuel has taken place today in Moscow via…
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Transaction on debut issue of Gazprom’s perpetual Eurobonds closed
October 26, 2020, 17:30 The following information is not intended for use by Canadian investors or within the territory of Canada due to the sanction restrictions. For more information, see the Base Prospectus regarding Eurobonds dated October 6, 2020 . A transaction on placement of a debut issue of perpetual subordinated Eurobonds of Gazprom expressed in US dollars and euros has been closed today. The volume of investor demand has…
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The Belarus NPP has received permit to perform works on the stage-wise program for the power start-up of Unit 1
On October 23, 2020 the Board of the Ministry for Emergency situations of the Republic of Belarus, based on the resolution of the State Regulatory Authority of the Republic of Belarus, agreed to amend the licenses of the State enterprise “Belorussian NPP” and JSC ASE EC, allowing to start works based on the stage-wise program for…
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ROSATOM equips cars with lithium-ion batteries for the first Russian electric kart race
RENERA LLC, a subsidiary of the TVEL Fuel Company and ROSATOM’s integrator for energy storage solutions, has organized the first electric kart race in Russia. MINI class race cars were equipped with lithium-ion batteries manufactured by ROSATOM. The race was organized together among racers of 9-11 years old at the Izhorets karting track in Kolpino,…
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Leningrad NPP Unit 6 Connected to Grid, Delivers First Electricity to Russian Power System
23th October 2020, Sosnovy Bor, Russia. The Leningrad NPP Unit 6 equipped with Rosatom’s flagship Generation III+ VVER-1200 reactor was connected to the grid and reached the power capacity of 240 MW. “Today, Leningrad NPP Unit 6 was synchronized with the grid for the first time and provided electricity to the Russian unified power system.…
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ROSATOM and Apulia continue cooperation by testing lutetium-177 used in cancer treatment
Isotope JSC, official distributor of isotope products manufactured by ROSATOM’s enterprises, successfully delivered lutetium-177 produced according to EU GMP standards to Nuclear Medicine Department of Policlinico of Bari (Apulia, Italy) for quality evaluation. The activity was implemented within the scope of the Healthcare Memorandum of Understanding signed between Apulia Region and ROSATOM in November 2019.…
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Severstal reports Q3 & 9M 2020 fiacial results
October 22, 2020 PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q3 & 9M 2020 financial results for the period ended 30 September 2020. CONSOLIDATED FINANCIAL RESULTS FOR Q3 AND 9M 2020 $ million, unless otherwise stated Q3 2020 Q2 2020 Change, % 9M…
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Russian Federation flag raised on board ROSATOM’s nuclear icebreaker “Arktika”
On October 21, the state flag of the Russian Federation was raised on board FSUE Atomflot’s (a ROSATOM company) universal nuclear-powered icebreaker “Arktika” in Murmansk. The list of event attendees included Mikhail Mishustin, Prime Minister of the Russian Federation, Yuri Borisov, Deputy Prime Minister of the Russian Federation, Alexey Likhachev, ROSATOM State Atomic Energy Corporation…
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Gazprom and VNG discuss issues related to gas supplies
October 21, 2020, 15:55 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of VNG, took place today via a video conference call. The parties discussed relevant issues of cooperation. It was noted that the amounts of gas supplied by Gazprom to Germany in August, September, and the first 20 days of October 2020 were higher than the…
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Leningrad NPP: Test Tubine Launch Took Place at Unit 6
A test turbine launch took place at NPU No. 6 with a VVER-1200 reactor (a water-water energetic reactor) at the Leningrad NPP (a branch of ROSATOM, part of its power division). The experts performed a dry run of the turbine and increased the number of revolutions, in a phased approach, to the designed value of…
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Alexey Miller reelected as President of International Business Congress
Background The International Business Congress (IBC) is an international non-governmental and non-profit organization. The IBC consists of 118 members from 23 countries, among them Gazprom, OMV AG, Bank of China, China National Petroleum Corporation, Comita D. D., DNV GL AS, Ernst and Young BV, Huawei Technologies Co Ltd., Mitsubishi, Mizuho Bank, N.V. Nederlandse Gasunie, Pietro Fiorentini S.P.A., PetroVietnam, SAP LLC, Siemens, Shell, Schneider Electric,…
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Gazprom Dobycha Orenburg donates personal protective equipment for ambulance teams of Clinical Emergency Medical Service Station in city of Orenburg
News from projects and regions October 20, 2020, 14:30 Gazprom Dobycha Orenburg has donated personal protective equipment for the ambulance teams of the Clinical Emergency Medical Service Station in the city of Orenburg. During the ongoing pandemic, the Station handles over 1,200 ambulance calls per day, about half of which are made by the residents of Orenburg and adjacent areas, manifesting respiratory…
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First elements of reactor building safety system for unit No.7 of Tianwan NPP have been delivered to China
On October 19, 2020 first elements of reactor building safety system for unit No.7 of Tianwan NPP being constructed under VVER-1200 Russian project were delivered to China. “In the beginning of October the first batch of equipment – four sets of the sump tank penetrations – arrived at the Tianwan NPS construction site. Currently, the…
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ROSATOM completes development of the new VVER-440 fuel for Hungary’s Paks NPP
TVEL Fuel Company of ROSATOM has completed the project of development and validation of the new nuclear fuel modification for the VVER-440 reactors operated at Paks NPP in Hungary. The full package of documents is handed over to the Hungarian customer for further licensing of the new fuel by the national nuclear power regulator. The…
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ROSATOM completes development of the new VVER-400 fuel for Hungary’s Paks NPP
TVEL Fuel Company of ROSATOM has completed the project of development and validation of the new nuclear fuel modification for the VVER-440 reactors operated at Paks NPP in Hungary. The full package of documents is handed over to the Hungarian customer for further licensing of the new fuel by the national nuclear power regulator. The…
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Leningrad NPP: power start-up underway at new power unit 6
13th October 2020, Sosnovy Bor, Russia – The power start-up at the Leningrad NPP Unit 6, containing ROSATOM’s flagship Generation III+ VVER-1200 reactor, has begun following the green light from Russia’s watchdog Rostekhnadzor. Power start-up comprises a complex series of stages over the course of which reactor’s power is gradually increased from 1% to 35-40%.…
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Unit No. 1 at the Belarusian Nuclear Power Plant has been brought to minimum control power
11th October 2020 2:26 a.m. Ostrovets, Belarus – Unit No. 1 at the Belarusian Nuclear Power Plant, equipped with the VVER-1200 reactor has been brought to minimum control power (MCP). Minimum control power level is reached when neutron flux is recorded in a reactor working at a level sufficient to sustain a fission chain reaction. …
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Vyacheslav Mikhalenko reelected as Gazprom Management Committee Member
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Severstal reports Q3 & 9M 2020 operatioal results
October 9, 2020 PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q3 & 9M 2020. Q3 2020 GROUP HIGHLIGHTS Hot metal output increased 3% q/q in Q3 2020 to 2.40 mln tonnes (Q2 2020: 2.33 mln tonnes) following the…
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New gas deposit discovered on Yamal shelf
Background The Leningradskoye gas and condensate field is located in the Kara Sea within the Leningradsky licensed block. The field’s current recoverable gas reserves are estimated to total 1.9 trillion cubic meters and are classified as unique. In 2019, Gazprom discovered the Dinkov and Nyarmeyskoye fields on the shelf of the Yamal Peninsula in the Kara Sea. In 2020, the Company discovered the 75 Years…
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RENERA will develop energy storage business of ROSATOM
ROSATOM has completed incorporation of the nuclear industry integrator company for energy storage business development. RENERA is incorporated on the basis of Cathode Materials LLC, an enterprise of TVEL Fuel Company of ROSATOM. The company will develop and trade module type lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency…
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Severstal appoits Albert Lyaskovsky as Director for Labour Protectio, Idustrial Safety ad Evirometal Protectio
October 8, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, announces the appointment of Albert Lyaskovsky as Director for Labour Protection, Industrial Safety and Environmental Protection. Mr Lyaskovsky will be responsible for overseeing enhanced labour safety standards across all of Severstal’s industrial sites, which includes an increased use of…
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ROSATOM has joined UN Global Compact
ROSATOM has joined the United Nations Global Compact. It is the largest corporate social responsibility and sustainable development initiative for businesses across the world. Today, it unites over 13,000 companies from more than 160 countries. To join the initiative, ROSATOM issued the Letter of commitment to confirm that ROSATOM supports the Ten Principles of the…
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Severstal supplied large-diameter pipes for the costructio of the Olympic stadium i Egypt
October 5, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has supplied the large-diameter pipes (LSAW) for the development of the Olympic stadium in Egypt’s new administrative capital. The products were manufactured for Orascom Construction PLC. That is a leading global engineering and construction contractor primarily focused on infrastructure,…
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Gazprom and LUKOIL continuing preparations for developing two fields in Nenets Autonomous Area
October 1, 2020, 21:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place today in St. Petersburg. The parties discussed current issues related to cooperation, including further steps in the preparations for the development of the Vaneyvisskoye and Layavozhskoye fields. Background Gazprom and LUKOIL are bound by the 2014–2024 General Agreement on Strategic Partnership, pursuant to which,…
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Steam Generators for Power Unit No.1 Delivered to Akkuyu NPP
Four steam generators for Power Unit 1 weighing 365 tons each (net weight without packaging is 355 tons) unshipped at the Eastern Cargo terminal. The shipment of equipment started on August 22, 2020 in Volgodonsk at the Atommash plant (branch of AEM-Technologies JSC, part of the machine-building division of ROSATOM – Atomenergomash). The steam generators…
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Gazprom’s projects for preserving cultural heritage and developing St. Petersburg receive high praise from Russian Government
September 30, 2020, 20:00 A delegation of the Government of the Russian Federation led by Dmitry Chernyshenko, Deputy Prime Minister of the Russian Federation, today paid a visit to the Tsarskoe Selo State Museum Preserve. Alexey Miller, Chairman of the Gazprom Management Committee, took part in the event. Alexey Miller acquainted the delegation with the main charity projects implemented by Gazprom in St. Petersburg. Particular attention was…
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Atommash has shipped the first Reactor Pressure Vessel for Akkuyu NPP (Turkey)
The Atommash plant (part of the machine-engineering division of ROSATOM – “Atomenergomash”) manufactured and shipped the Reactor Pressure Vessel for the first power unit of the “Akkuyu” nuclear power plant under construction. It took almost three years to manufacture the 330-ton Reactor pressure Vessel 12 meters long. A month earlier, four Steam Generators left the…
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SMOTR satellite to be used for greenhouse gas emissions monitoring
September 25, 2020, 21:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Rogozin, Director General of State Space Corporation Roscosmos, took place today in Moscow. The parties discussed cooperation issues of current importance, for instance, the construction of the spacecraft assembly facility (SPKA) in Shchelkovo, Moscow Region. The project is being implemented by Gazprom with support from Roscosmos. It was noted that,…
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ROSATOM Participated in the 64th IAEA General Conference
The Russian delegation was headed by Alexey Likhachev, Director General of ROSATOM. During the plenary session, he noted the IAEA’s contribution to the fight against the coronavirus pandemic. “The Agency, relying on its unique experience, promptly organized the supply of modern equipment for the diagnosis of coronavirus to the countries in need. Russia did not…
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Gazprom approves programs for reconstruction and re-equipment of gas production and transmission facilities for years 2021–2025
September 24, 2020, 15:25 The Gazprom Management Committee approved the 2021–2025 comprehensive programs for the reconstruction and re-equipment of gas production and transmission facilities. The documents aim to provide for high reliability and operational safety of Russia’s Unified Gas Supply System, as well as fulfillment of obligations on gas supplies by the Company to consumers in the domestic and external markets. Specifically, the top priority in the area of production is, as before, to achieve maximum production rates during…