Gazprom’s financial statements under International Financial Reporting Standards (IFRS) for the year ended December 31, 2019

April 29, 2020, 10:00 IFRS results 2019 Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2019. The table below presents the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2019 and December 31, 2018. All amounts…

Russian Opposition Holds Online Protest Against Putin

Russian opposition activists avoided lockdown measures by holding an online protest on Tuesday against President Vladimir Putin’s handling of the coronavirus pandemic. Speakers also criticized Putin’s proposed constitutional changes that allow him to extend his stay in office. But the YouTube feed experienced serious technical problems, making the speeches initially inaudible and the number of viewers…

Enjoy Mozart and Shostakovich

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world. Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from…

‘Are We Pigs?’: Gazprom Pipeline Workers Protest Conditions Amid Coronavirus Outbreak

Gas workers in Russia’s Far East staged a mass rally to demand better working conditions and more transparency amid a reported coronavirus outbreak at their gas field, local media reported Tuesday. Footage from the Gazprom energy giant’s Chayanda field, which supplies China with natural gas through the recently launched Power of Siberia pipeline, showed laborers…

Gazprom Transgaz Surgut strengthens disinfection efforts for motor vehicles

News from projects and regions April 28, 2020, 14:10 Gazprom Transgaz Surgut has introduced stronger disinfection measures for motor vehicles so as to more effectively prevent the spread of the coronavirus. Throughout all branches of the company, about 280 motor vehicles go on their routes every day to bring shift staff to their workplaces, carry cargoes, and haul waste. An additional sanitation procedure has been…

Gas in perspective. Oleg Aksyutin talks to Gazprom Magazine

Let us proceed from reality. Considering the current state of the art in engineering and technology, a complete phase-out of hydrocarbon fuel seems more like a matter of imagination in the foreseeable future. A shift to zero-carbon technologies implies a large-scale electrification (in some scenarios, 100-per cent electrification) with the use of renewable energy sources (RES). The development of RES is not possible without large power storage capacities, nor is it possible…

Putin’s Business Tsar Attacks Economic Lockdown

President Vladimir Putin’s “business tsar” has called for the government to end the economic lockdown and reopen the economy. Boris Titov, the president’s business ombudsman, announced Monday he will organize an online protest Friday calling for businesses to be reopened, as frustration at the government’s economic response to the coronavirus grows throughout Russia’s business community.…

Russia Returns to Top 5 Defense Spending Countries Worldwide – Think Tank

Russia re-entered the world’s top five defense spending nations in 2019 after briefly falling to sixth place the previous year, according to the Stockholm International Peace Research Institute (SIPRI)’s latest annual report published Monday. Global defense spending saw its highest one-year increase since 2010 last year, rising by 3.6% to  $1.917 trillion, the Swedish think…

Russia Starts Drawing Up Lockdown Exit Plans

Russia will begin drawing up lockdown exit plans to switch the economy back on, Prime Minister Mikhail Mishustin said Monday. In a meeting with ministers, Mishustin ordered various government departments to start working out how businesses could get back to work once the coronavirus pandemic becomes less severe, news site RBC reported. “As the situation…

Russian Doctor in Critical Condition After Falling From Hospital for Coronavirus Patients

The head of a Siberian hospital repurposed for coronavirus patients is in critical condition after she fell from the hospital building following a conference call with health officials, local media reported Saturday. Yelena Nepomnyashchaya, 47, fell from a fifth-floor window of the Krasnoyarsk Regional Hospital for War Veterans after talks with the head of the…

Don’t Nag Your Husbands During Coronavirus Lockdown, Church Official Tells Russian Women

A Russian Orthodox Church official has urged women not to reprimand their husbands during coronavirus lockdown in order to avoid domestic conflict — and to punish themselves if they do. Bishop Panteleimon’s remarks come three years after Russia scrapped criminal punishments for first-time domestic abuse offenses and as the coronavirus pandemic has stalled efforts to…

Russia Seeks to Revive Coronavirus-Hit Tourism Industry By Cutting Visa Red Tape

Russia’s Federal Tourist Agency (Rostourism) wants to help the industry recover from the coronavirus crisis by relaxing visa rules after the country reopens its borders, the RBC news website reported Friday. Russia grounded international flights, except those that return its nationals from abroad; closed border crossings; and suspended issuing visas and e-visas last month as…

Libya Blames Chemical Attack on Kremlin-Linked Wagner Mercenary Group

Libya’s UN-backed government has accused Kremlin-linked private military contractors for an alleged chemical attack in southern Tripoli, according to Arab and Turkish media. Interior minister Fathi Bashaga’s charges turn the spotlight back on Russia’s Wagner mercenaries, who are reported to be unofficially helping eastern commander Khalifa Haftar’s year-long offensive to seize the Libyan capital. The…