Gazprom Management Committee endorses drafts of investment program and budget for 2020

Release December 12, 2019, 14:40 Gazprom’s overall amount of investments for 2020: RUB 1,104.7 billion. Gazprom’s borrowings for 2020: RUB 557.8 billion. Final investment program and budget to be approved by Gazprom Board of Directors. The Gazprom Management Committee took note of the Company’s preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. The Management Committee also endorsed the…

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Management Committee endorses Gazprom’s revised Dividend Policy

Release December 12, 2019, 14:30 It is proposed that dividends be calculated based on adjusted net profit under IFRS. Target level of payouts – at least 50 per cent – is to be reached in three years. New version of Dividend Policy will be submitted for approval by Gazprom Board of Directors. The Management Committee endorsed the draft new revision of Gazprom’s Dividend Policy. The document, which was developed as part of the effort to streamline the financial strategy…

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Russia and the Republic of the Congo continue cooperation in the peaceful uses of atomic energy

On December 10, 2019, a delegation of the Ministry of Scientific Research and Technological Innovation of the Republic of the Congo headed by Minister M. P. E. Cussu-Mawungu arrived to Moscow by an invitation of Director General of ROSATOM Alexey Likhachev. The Congolese delegation was familiarized with capabilities and competences of the Russian nuclear industry…

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Staff changes

Release December 11, 2019, 19:20 Andrey Fick has been appointed Head of Department 644. Andrey Fick was born in the Krasnodar Territory in 1969. He graduated from Krasnodar Polytechnic Institute in 1993, majoring in Mechanical Engineering Technologies. He obtained his second university degree from Kuban State Technological University in 2000, majoring in Cryo-Engineering. He has an MBA degree and a PhD degree in Engineering. He has been a member of Gazprom’s team…

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Start of the reactor plant equipment hot run at the Power Unit No.1 of Belarus NPP

On 11 December, 2019 specialists of Power Unit No.1 of Belarus NPP (the General Designer and the General Contractor – Rosatom State Corporation Engineering Division) have proceeded to the reactor plant hot run – the most large-scale stage of the commissioning works before physical start-up. According to Mr. Vitaliy Polyanin, Vice-President and Director of Belarus…

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ROSATOM and Orano subsidiaries sign contract to grow Russian capacities for depleted uranium reconversion

Electrochemical Plant (ECP, an enterprise of TVEL Fuel Company of ROSATOM in Zelenogorsk, Krasnoyarsk region, East Siberia) and Orano Projects (France) have signed the contract for supply of equipment for construction of the second installation for de-fluorination of depleted uranium hexafluoride (DUHF) on the site of ECP.  The document is signed by Sergey Filimonov, Director…

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ROSATOM took part in the 5th Arab Forum on the Nuclear Energy Prospects for Electricity Generation and Seawater Desalination

December 9, 2019, Cairo (Egypt) – ROSATOM took part in the Fifth Arab Forum on the Nuclear Energy Prospects for Electricity Generation and Seawater Desalination held in Cairo from December 2 to 4.  The conference organized by Arab Atomic Energy Agency (AAEA) and Nuclear Power Plants Authority. It brought together stakeholders of nuclear industry of…

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ROSATOM and Delo Group signed documents on joint development of the transportation and logistics business

On December 9, 2019, ROSATOM and Delo Group signed documents on JSC Atomenergoprom’s equity investments in Delo Group with an ownership interest of 30%. For ROSATOM the document was signed by Director of JSC Atomenergoprom Kirill Komarov; for Delo Group it was signed by President of Delo Group Sergey Shishkarev. According to the signed documents,…

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Russia and Ukraine carry on bilateral gas negotiations at expert level

The bilateral negotiations at the expert level between Gazprom and Gas Transmission System Operator of Ukraine with regard to the terms of transiting Russian gas to Europe from 2020 onward continued today in Vienna.

The parties discussed the results of their interaction in the past week and agreed to continue their work together.

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Alexey Miller and Germany’s Federal Government Commissioner for Gas Transit across Ukraine hold working meeting

Release December 6, 2019, 19:45 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Georg Graf Waldersee, Commissioner of the Federal Government of the Federal Republic of Germany for Gas Transit across Ukraine, took place today in St. Petersburg. Alexey Miller briefed Georg Graf Waldersee at length about the progress of the Russian-Ukrainian negotiations on cooperation in the gas sector from 2020…

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International Business Congress holds Presiding Committee Meeting

Background The International Business Congress (IBC) is an international non-governmental and non-profit organization. The IBC consists of 124 members from 24 countries, among them Gazprom, OMV AG, Deutsche Bank, N.V. Nederlandse Gasunie, J.P. Morgan Bank International, KPMG, Mitsubishi, Mizuho Bank, Siemens, Shell, Equinor, Schneider Electric, Sumitomo Mitsui Banking Corporation, Total, Uniper, Wintershall Dea, Sakhalin Energy, Srbijagas, and others. The IBC’s supreme body…

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Chairman of Gazprom Management Committee and Mongolia’s Deputy Prime Minister sign Memorandum of Understanding

Alexey Miller, Chairman of the Gazprom Management Committee, and Ulziisaikhan Enkhtuvshin, Deputy Prime Minister of Mongolia, signed today in Sochi a Memorandum of Understanding.

The document provides for a joint assessment of the feasibility of pipeline gas supplies from Russia to China across Mongolia.

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ROSATOM subsidiary awards contract for construction of BREST-OD-300 fast reactor facility and power unit

Siberian Chemical Plant (a subsidiary of TVEL Fuel Company of ROSATOM in Seversk, Tomsk region, West Siberia) has signed the contract with Concern Titan-2 engineering company for construction and installation works within the project of BREST-OD-300 lead-cooled fast neutron reactor facility. The total contract value is 26.3 billion rubles. The contractor will accomplish construction of…

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TVEL and Kozloduy NPP (Bulgaria) have contracted supplies of nuclear fuel through 2025

TVEL JSC and Kozloduy NPP have signed contractual documents for supplies of Russian nuclear fuel to the Bulgarian nuclear power plant for the period up to and including 2025.  TVEL will continue to provide complete nuclear fuel supplies, which include not only fuel assemblies fabrication services, but also all antecedent stages of the production chain…

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RASU JSC and Peter the Great St. Petersburg Polytechnic University Sign Partnership Agreement

December 04, 2019 – Rusatom Automated Control Systems JSC (RASU JSC) and the Federal State Autonomous Educational Institution for Higher Education “Peter the Great St. Petersburg Polytechnic University” (FSAEI HE SPbPU) signed an agreement on strategic partnership and cooperation in science and technology on the sidelines of Power Grids International Forum in Moscow. The document…

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Chairman of Gazprom Management Committee and Mongolia’s Prime Minister discuss cooperation prospects

Release December 3, 2019, 16:20 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ukhnaagiin Khurelsukh, Prime Minister of Mongolia, took place today in Moscow. The parties discussed the prospects of energy cooperation. It was also noted that in November 2019 Gazprom Export carried out the first small-scale delivery of Russian liquefied natural gas to Mongolia. Background On November 4, 2019, Gazprom Export delivered…

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RASU JSC concluded a memorandum of understanding with Assystem company in the field of design and implementation of automated process control systems

On December 3, within the framework of the International Forum “Electric Networks” (IFES), held in Moscow, Rusatom Automated Control Systems JSC (RASU JSC), part of ROSATOM, concluded a memorandum of understanding with Assystem French company in the field of consulting services for the design and implementation of industrial control systems. On the part of RASU…

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Gazprom commences pipeline supplies of Russian gas to China

Release December 2, 2019, 13:05 Power of Siberia gas pipeline has come onstream. Gas production center has been set up in Yakutia. Conditions for further gas grid expansion have been created in eastern Russia. A ceremonial event marking the start of first-ever pipeline supplies of Russian gas to China via the eastern route – the Power of Siberia gas trunkline – took place today. Taking part in the event…

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Gazprom completes construction of gas pipeline branch to town of Tsiolkovsky

Release December 2, 2019, 09:40 Power of Siberia is facilitating gas grid expansion in Amur Region. About 3,000 permanent jobs will be created at Amur GPP. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasily Orlov, Governor of the Amur Region, took place today in Blagoveshchensk. The parties discussed issues related to enhancing their strategic cooperation in light of the start-up of the Power of Siberia gas…

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Results of 9th Energy of Victories national sports journalism festival contest announced

Release November 29, 2019, 21:00 The final round of the 9th Energy of Victories national sports journalism festival contest, organized by the Russian Olympic Committee and the Federation of Sports Journalists of Russia with the backing of Gazprom, took place today in Moscow. The winners of the 9th Energy of Victories national sports journalism festival contest are as follows: Best Article (federal media): 1st place – Yury Golyshak,…

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Russia and Ukraine continue bilateral gas negotiations at expert level

Release November 29, 2019, 19:35 The negotiations on gas between Russia and Ukraine continued today in Vienna in accordance with the agreements reached the day before to intensify joint work on a bilateral basis. The negotiations were conducted at the expert level and involved representatives of Gazprom and Gas Transmission System Operator of Ukraine. The parties discussed technical aspects related to the terms of transiting Russian…

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Gazprom and Wintershall Dea discuss current issues of cooperation

Background In 2018, Gazprom’s gas supplies to Germany hit a record high of 58.5 billion cubic meters, an increase of 5.1 billion cubic meters (9.5 per cent) against the 2017 record of 53.4 billion cubic meters. Wintershall Dea GmbH is Europe’s largest independent oil and gas producer, formed by the merger of Wintershall Holding GmbH (subsidiary of BASF) and DEA Deutsche Erdoel AG (subsidiary of LetterOne). Nord Stream…

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Alexey Miller and Francois Fillon discuss development trends of French and European energy markets

Release November 29, 2019, 16:35 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Francois Fillon, French politician, took place in St. Petersburg today. The parties discussed the current development trends of the French and European energy markets, while also stressing the importance of the Nord Stream 2 project for reliable supplies of Russian gas to European consumers. Alexey Miller and…

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The Russia–Brazil Business Council, led by Andrey Guryev, and the Brazilian Trade and Investment Promotion Agency Sign Memorandum on Mutual Support for Exports and Investments

The Russia–Brazil Business Council, led by Andrey Guryev, and the Brazilian Trade and Investment Promotion Agency Sign Memorandum on Mutual Support for Exports and Investments Moscow – The Russia–Brazil Business Council, led by PhosAgro CEO Andrey Guryev, and the Brazilian Trade and Investment Promotion Agency have concluded a memorandum on mutual support in the areas…

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Gazprom’s financial information under International Financial Reporting Standards (IFRS) for the nine months ended September 30, 2019

Release November 29, 2019, 10:00 IFRS results 2019 Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the nine months ended September 30, 2019. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the nine months ended…

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Russia and Ukraine hold bilateral gas negotiations

Release November 28, 2019, 21:15 Vienna hosted today the negotiations on gas between Russia and Ukraine involving Alexander Novak, Minister of Energy of the Russian Federation, Alexey Orzhel, Minister of Energy and Environmental Protection of Ukraine, Alexey Miller, Chairman of the Gazprom Management Committee, as well as the heads of Naftogaz of Ukraine and Gas Transmission System Operator of Ukraine. The parties discussed Russian-Ukrainian cooperation in the gas…

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Rosenergoatom: valuable cobalt-60 isotopes are now produced by all three power blocks of the Smolensk NPP

The upload of additional cobalt absorbents into the third power block’s reactor has been finalized at the Smolensk NPP (city of Desnogorsk, Smolensk region). Now, all three power blocks of the NPP make their contribution to the production of this valuable isotope for health care and manufacturing. Nikita Konstantinov, Business development director at the Rosenergoatom…

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The international WANO experts have visited the Beloyarsk NPP prior to the corporate partnership verification for Rosenergoatom

The preliminary visit of the World Association of Nuclear Operators (WANO) experts to the Beloyarsk NPP, which took place on November 25-27, 2019, became the first step on the way to the corporate partnership verification, which is to be conducted at the Rosenergoatom Joint-Stock Company in 2020 by the international nuclear association. The experts walked…

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Working meeting held between Alexey Miller and Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of Belarus to Russia

Release November 27, 2019, 13:50 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, took place in Moscow today. The parties discussed the current lines of cooperation between Gazprom and Belarus in the gas sector. Special attention was paid to the supplies of Russian gas to Belarus and gas transportation…

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Gazprom commences construction of modern satellite manufacturer with support from Roscosmos

Release November 25, 2019, 17:55 First fully integrated enterprise in history of modern Russia for spacecraft assembly and testing. Facility will be able to manufacture up to 4 large or 100 small batch-produced satellites per year. Roscosmos is taking part in this project. A ceremonial event celebrating the start of construction by Gazprom of a spacecraft assembly facility (SPKA) took place today in Shchelkovo, Moscow Region. Taking part in the event were Vitaly…

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9M 2019 Financial Results: PhosAgro Revenue Rises 12% year-on-year to Record RUB 195.0 Billion

Moscow – PhosAgro (“the Company”) (Moscow Exchange and LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its interim consolidated IFRS financial results for 3Q and 9M 2019.   Revenue in 3Q 2019 rose by 3% year-on-year to RUB 64.6 billion (USD 1.0 billion) mainly due to higher sales in priority…

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PhosAgro Board of Directors Approves Development Priorities for 2020 and Recommends that Shareholders Approve Dividend Payment

Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, at today’s meeting approved the company’s priority areas for 2020 and has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment of RUB 6.216 billion, or RUB 48 per…

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Year-to-date gas exports to Austria exceed record supplies of 2018

Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies. In 2018, Gazprom supplied to Austria 12.3 billion cubic meters of gas, an increase of 34.8 per cent (3.2 billion cubic meters) from 2017 (9.1 billion cubic meters). In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies…

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Results of selling 3.59 per cent of Gazprom’s ordinary shares

Release November 22, 2019, 16:05 Gazprom Gazoraspredeleniye, a company controlled by Gazprom, successfully completed the sale of 850,590,751 ordinary shares of Gazprom (3.59 per cent of the share capital). The placement was carried out using the trading platform of the Moscow Exchange. Gazprombank (Joint Stock Company) acted as the arranger and broker of the offering. As the shares were sold in their totality, Gazprom Gazoraspredeleniye reduced…

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PhosAgro announced as a Global Compact LEAD for its commitment to the UN Global Compact

New York – PhosAgro, a Russian vertically integrated company and one of the world’s leading producers of phosphate-based fertilizers, has been included on the list of Global Compact LEAD companies for its commitment to the United Nations Global Compact and the Compact’s Ten Principles on corporate sustainability. Achieving the UN Sustainable Development Goals (SDGs) has…

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PhosAgro Named a Leader in Corporate Responsibility Under the UN Global Compact

New York – PhosAgro, a Russian vertically integrated company and one of the world’s leading producers of phosphate-based fertilizers, has been included on the list of Global Compact LEAD companies for its commitment to the United Nations Global Compact and the Compact’s Ten Principles on corporate sustainability. Achieving the UN Sustainable Development Goals (SDGs) has…

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Alexey Miller and Moldova’s Prime Minister Ion Chicu review cooperation-related issues

Background In 2018, Gazprom’s gas deliveries to the Republic of Moldova totaled 2.9 billion cubic meters of gas, an increase of 8.4 per cent against 2017 (2.7 billion cubic meters). The contracts between Gazprom and Moldovagaz for gas supplies to and gas transit across Moldova are valid until the end of 2019. Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Moldovan Government, and the Ministry of Industry…

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PhosAgro Awarded Gold Medal for Responsible Approach to Production from International Fertilizer Association

Paris – PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that it has been awarded the Gold Medal from the International Fertilizer Association (IFA) for its responsible approach to production. The IFA’s first ever gold medal awards ceremony took place at the IFA Annual…

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Board of Directors reviews prospects of shale gas and LNG industry

Release November 19, 2019, 19:00 Shale gas production is expected to continue in just a few countries around the world besides the United States. In 2019, Europe’s last remaining project for shale gas development was abandoned. Most of growth in LNG imports up to 2030 will come from Asia-Pacific. The Gazprom Board of Directors took note of the information about the growth prospects of the shale gas and liquefied natural…

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Both strings of TurkStream filled up with gas

Release November 19, 2019, 18:50 Gazprom is successfully implementing major investment projects. Preparations are being made for first pipeline supplies of Russian gas to China via Power of Siberia gas pipeline. Welding is finished at linear part of gas pipeline extending to Slavyanskaya compressor station, starting point of Nord Stream 2. The Gazprom Board of Directors expressed its approval of the Company’s ongoing work on its major investment projects. The…

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Fitch Ratings Affirms PhosAgro’s BBB-/Stable Credit Rating

Moscow – PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that Fitch Ratings has affirmed the Company’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at ‘BBB-’ and Short-Term Rating at ‘F3’. The Outlook for the rating is Stable. In its announcement, Fitch Ratings notes…

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ROSATOM Engineering Division has won the annual contest of yearly reports of the companies working in Russia

The Engineering Division of ROSATOM has won the XXII annual contest of yearly reports in the nomination “For the best quality of information presentation on sustainable development”. The Moscow Exchange and RCB media group are  organizers of the contest which has been held since 1997 and is the main platform for presentation of yearly reports…

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Russia-Brazil Business Council Discusses Prospects for Increased Trade Between the two Countries

Brasilia, Brazil – Andrey Guryev, CEO of PhosAgro, Chairman of the Russia-Brazil Business Council, and Second Deputy Chairman on the Russian side of the Intergovernmental Russian-Brazilian Commission for Trade, Economic, Scientific and Technical Cooperation — acted as Russian co-chair of the Russian-Brazilian Business Forum, held in the Brazilian capital as part of the BRICS summit.…

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Chairman of Russia–Brazil Business Council Andrey Guryev, Brazilian Cabinet Members Discuss Prospects for Expanding Cooperation Between Companies from Both Countries

Brasilia (Brazil) – Andrey Guryev, Chairman of the Russia–Brazil Business Council, a member of the Management Board of the Russian Union of Industrialists and Entrepreneurs, and the Second Deputy Chairman for Russia to the Intergovernmental Russian–Brazilian Commission on Trade, Economic, Scientific and Technical Cooperation, met with cabinet members and leaders of non-governmental organisations in Brazil…

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ROSATOM signed a memorandum of understanding in the healthcare field with the Apulia region of Italy

On November, 13, Rusatom Healthcare (ROSATOM industry integrator in the field of radiation technologies in medicine and industry) Director General Aleksandr Shibanov, president of the region Apulia  (Republic of Italy) Michele Emiliano, representatives of Sechenov University (Moscow) and Bari University, as well as JSC Isotope signed a memorandum of understanding in order to develop and…

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Special screening of “Russia from Above” held in St. Petersburg

Release November 14, 2019, 20:30 Gazprom has contributed to the making of the film “Russia from Above.” The film has attracted 30 million viewers in Germany alone. The St. Petersburg International Cultural Forum hosted a special screening of “Russia from Above,” a documentary made by German filmmakers with support from the Gazprom Group. The audience was offered a bird’s-eye view of many Russian regions: from the…

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Gazprom gains RUB 20.7 billion from its 2016–2018 import substitution efforts

Release November 14, 2019, 16:00 Russian enterprises have invested RUB 17.8 billion in development and production of goods to be supplied under long-term contracts with Gazprom. Full range of key equipment has been created for operating offshore fields. Corporate process safety management system is being continuously enhanced. The Gazprom Management Committee took note of the information about the engagement of Russian industrial and machine-building enterprises in the…

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UGS facilities in Russia reach record potential daily deliverability of 843.3 million cubic meters

Release November 14, 2019, 15:55 Gazprom is ready to operate during peak gas demand in winter. Required amounts of gas – more than 72 billion cubic meters – were injected into Russian UGS facilities. Increase in maximum daily deliverability of UGS facilities is commensurate with gas consumption in some Russian regions. The Gazprom Management Committee examined the operational readiness of the Unified Gas Supply System (UGSS) facilities for peak loads in late…

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Members of the Public Council of ROSATOM and representatives of environmental organizations discussed ROSATOM’s program for DUHF safe management

On November 12, the ROSATOM’s Headquarters’ hosted an off-scheduled meeting of the Public Council of ROSATOM and all leading environmental organizations of Russia. Director General of ROSATOM Alexey Likhachev, first deputy directors general of ROSATOM Aleksandr Lokshin and Kirill Komarov also took part in the meeting of the Public Council. The meeting was initiated by…

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UNESCO Awards Grants for Research in the Field of Green Chemistry to top Young Scientists From Around the World in Conjunction with PhosAgro and IUPAC

Paris – The United Nations Educational, Scientific and Cultural Organization (UNESCO) has awarded grants for research in the field of green chemistry to leading young scientists from around the world in conjunction with PhosAgro Group and the International Union of Pure and Applied Chemistry (IUPAC). The ceremony was held at UNESCO headquarters in Paris and…

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Alexander Gilgenberg Appointed General Director of Apatit

Cherepovets (Vologda region) – Alexander Gilgenberg has been appointed as General Director of Apatit. Alexander has worked at PhosAgro enterprises since 1999. Prior to today’s appointment, he held the position of First Deputy General Director of Apatit.  Vladimir Davydenko, who previously headed Apatit, will now oversee the technical development of PhosAgro enterprises.  PhosAgro CEO Andrey…

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Severstal to preset progress agaist its updated strategy at its 2019 Capital Markets Day

November 7, 2019 PAO Severstal, one of the world’s leading vertically-integrated steel and mining companies, is hosting its annual Capital Markets Day in London today. Sakari Tamminen (Senior Independent Director), Alexander Shevelev (Chief Executive Officer), Alexey Kulichenko (Chief Financial Officer), Maria Shalina (Marketing Director), Evgeny Chernyakov (Sales and Business Development Director), and Maxim Semenovykh (Head…

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