Category Archives: Business

January 21, 2022 Severstal announces that Crédit Agricole CIB has joined the steel company’s Climate Memorandum, “Together for a low-carbon Future”. The Memorandum aims to support global efforts to prevent further climate change. The memorandum was signed by Crédit Agricole CIB on 21st January 2022 in Moscow during the Climate Memorandum’s first Steering Committee meeting.…

Russia and the Philippines Plan to Perform Pre-Feasibility Study on SMRs in the Philippines

20 January 2022 – As part of the Small Modular Reactors (SMR) Day at the World Expo 2020 exhibition in Dubai, ROSATOM and the Department of Energy (DOE) of the Republic of the Philippines presented a joint action plan to elaborate nuclear power plants (NPP) using the Small Modular Reactor (SMR) technology through a Pre-Feasibility…

ROSATOM and Seligdar sign Energy Supply Agreement for Kyuchus gold deposit

At Expo 2020 Dubai, which hosted the Russian Day of Small Modular Reactor Nuclear Power Plants on January 20, 2022, Rusatom Overseas JSC (a company of ROSATOM) and PJSC Seligdar signed an Agreement on the Supply and Consumption of Energy Generated by a Small Modular Reactor Nuclear Power Plant (SMR NPP) to develop the Kyuchus…

ROSATOM and Kyrgyzstan Agree to Cooperate on SMR NPP Construction

On the sidelines of Expo 2020 in Dubai, where on 20 January 2022 Russian nuclear SMR technology was presented, ROSATOM and the Ministry of Energy and Industry of the Kyrgyz Republic signed the Memorandum of Cooperation on the construction of small modular reactor nuclear power plants. Under the memorandum signed by Alexey Likhachev, Director General…

ROSATOM and Armenia Sign Cooperation Agreement to Build New Nuclear Units

BusinessBy admin January 18, 2022

On the sidelines of Expo 2020 in Dubai, which hosted the Russian Day of SMR NPPs (Small Modular Reactor Nuclear Power Plants) on 20 January 2022, ROSATOM and the management of the Armenian nuclear power plant signed a Memorandum of Understanding to look into possible cooperation to construct new nuclear power units of Russian design…

Core catcher casing has been installed at Tianwan NPP Unit 7

The installation of the core melt localization device, or the “core catcher”, has started at Tianwan NPP Unit 7. The first element of the device – the core catcher casing – has been installed in the design position. The core catcher casing is a tank weighing over 156 tons, with the total weight of the…

Severstal’s Yakovlevsky GOK lauches loadig ad storage complex, worth 1.7 billio rubles

BusinessBy admin January 17, 2022

January 18, 2022 PAO Severstal, one of the world’s leading steel producers, announces that Yakovlevsky Mining and Processing plant (part of PAO Severstal) has launched a new loading and storage complex in test mode. This is the final stage of the project, the plant’s largest investment project of the past year. The Company invested approximately…

Gas production and supplies: results for first half of January

BusinessBy admin January 17, 2022

January 17, 2022, 14:20 According to preliminary data, Gazprom produced 23.1 billion cubic meters of gas between January 1 and 15, 2022, which is 2.1 per cent (or 0.5 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 3.7 per cent (or by 0.6 billion cubic meters) over said period of 2022. The Company’s…

Core catcher casing has been installed at Xudabao NPP Unit 3

BusinessBy admin January 17, 2022

The core catcher casing with weight of 156 t and height of 6.1 m has been installed in its design position at Unit 3 of Xudabao NPP being constructed in China under Russian design VVER-1200. The core catcher is one of passive safety systems, which ensure isolation of the reactor building foundation slab from core…

Permanent exhibition on Peter I era opens at Hermitage Museum with support from Gazprom

BusinessBy admin January 14, 2022

January 14, 2022, 19:40 Alexey Miller, Chairman of the Gazprom Management Committee, and Mikhail Piotrovsky, Director General of the State Hermitage Museum, opened today in St. Petersburg the Peter the Great Gallery, the first part of the permanent exhibition entitled “Russian Culture in the First Half of the 18th Century.” The exhibition is timed to celebrate the 350th anniversary of the birth of Peter the…

Аt EXPO 2020 ROSATOM to host a week of nuclear-themed events

BusinessBy admin January 14, 2022

ROSATOM, a global technological leader, will host ‘Breakthrough Technologies for a Sustainable Future’ week at EXPO 2020 in Dubai, UAE. The week-long programme, taking place on 17-24 January 2022, will highlight a wide range of technologies and their applications – including the latest nuclear innovations – aimed at improving quality of life and helping to…

License documentation for El Dabaa NPP units 3 and 4 has been handed over to the Egyptian Nuclear and Radiological Regulatory Authority

BusinessBy admin January 12, 2022

On December 30, 2021, ahead of schedule, Egyptian Nuclear Power Plant Authority (NPPA) handed over the package of documents to the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) which are required for receipt of license for construction of El Dabaa NPP power units 3 and 4 (general designer and general contractor is ROSATOM Engineering Division).…

Freight volume via NSR was about 35 mln tons in 2021

BusinessBy admin January 12, 2022

“Final results have been summed up as regards freight volume via the Northern Sea Route (NSR) in 2021. It was 34.85 mln tons,” Maksim Kulinko, Deputy Director of ROSATOM’s NSR Directorate, said. This is nearly 2 mln tons more than in 2020, when 32.97 mln tons were transported. The data has been confirmed by FSBE…

Novawind JSC began wind power deliveries to DeloPorts

BusinessBy admin January 10, 2022

On January 1, 2022, Atomenergopromsbyt JSC (part of ROSATOM’s wind power division NovaWind) began supplying wind-generated electricity to DeloPorts (a stevedore asset of Delo Group). The company switched its KSK and NUTEP terminals to electricity completely generated at wind farms. The respective agreement was signed in April 2021 between the parent company of the Group,…

Alexey Miller: 2021 was Gazprom’s record-breaking year

BusinessBy admin January 2, 2022

January 2, 2022 We have received the operational data on the Company’s performance in the year 2021. For Gazprom, it was a record-breaking year. In 2021, we produced 514.8 billion cubic meters of gas. This is the best result in the last 13 years. It topped the 2020 result by 62.2 billion cubic meters. The growth in Gazprom’s production covered the lion’s share of global gas consumption growth in 2021. As usual,…

Rosenergoatom: Russian NPPs entered 2022 with a new record exceeding 222.436 billion kWh

BusinessBy admin January 1, 2022

In 2021, Rosenergoatom (part of the Electric Power Division of Rosatom) once again confirmed its status as the largest power generating company in the country: its branches – nuclear power plants generated over 222.436 billion kWh. This volume of electricity generated by the NPP allowed saving more than 111 million tons of CO2-equivalent emissions (if…

Severstal aouces ew health ad safety strategy

BusinessBy admin December 29, 2021

December 30, 2021 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announces the approval of its new health and safety (H&S) strategy. The updated strategy is based on a detailed analysis of the current state of the Company’s health and safety management system and reflects Severstal’s focus on the safety…

Report by Alexey Miller at Russian President Vladimir Putin’s meeting on performance in autumn/winter heating season

BusinessBy admin December 29, 2021

December 29, 2021 Dear Mr. President, It is the number one objective for Gazprom to ensure that Russian gas facilities operate successfully and confidently throughout the heating season. At the start of the period of withdrawal of gas from underground gas storage facilities, our working gas inventories totaled 72,638 million cubic meters with a daily deliverability of 847.9 million cubic meters. Both the working gas reserves…

ROSATOM Successfully Tests Radiopharmaceuticals Production Equipment in Bolivia

BusinessBy admin December 29, 2021

December 2021, El Alto, Bolivia – The highest Center of Nuclear Technology Research and Development in the world by altitude, currently under construction by the Rosatom State Corporation in El Alto, Bolivia, has seen successful testing of its radiopharmaceuticals production line. At the moment, start-up work is nearly complete at the first facilities of the…

Vitaly Markelov, Vladimir Markov, and Elena Mikhailova reelected as Gazprom Management Committee Members

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Lighting concept for St. Petersburg TV Tower and architectural concept for third high-rise of Lakhta Center complex unveiled

December 28, 2021, 17:15 New city planning initiatives were presented today at the meeting of the Inter-Agency Council in charge of implementing the Agreement of Cooperation between St. Petersburg and Gazprom. As part of Gazprom’s large-scale efforts for the architectural and artistic lighting of historic sites, central streets, and new districts of the city, a new lighting concept for the St. Petersburg TV Tower with the use of kinetic…

Gazprom enhances reliability of energy supplies to southwestern areas of St. Petersburg

December 28, 2021, 16:55 The modernized turbo generator No. 7 was launched today at the Avtovskaya CHPP of TGC-1 (part of the Gazprom Energoholding Group). Taking part in the event via a video link were Alexey Miller, Chairman of the Gazprom Management Committee, and Alexander Beglov, Governor of St. Petersburg. The Avtovskaya CHPP, which has been active since 1956, is one of the essential energy suppliers in the southwestern part…

Gazprom and St. Petersburg sign Accord for cooperation in new three-year period

December 28, 2021, 16:40 A meeting of the Inter-Agency Council in charge of implementing the Agreement of Cooperation between St. Petersburg and Gazprom was held today in St. Petersburg by Alexey Miller, Chairman of the Company’s Management Committee, and Alexander Beglov, Governor of St. Petersburg. The parties reviewed the outcomes of their cooperation in the 2019–2021 period that was aimed at providing reliable gas supplies, implementing thermal power generation…

ROSATOM launches PWR fuel fabrication facility

TVEL Fuel Company of ROSATOM has launched the new fabrication facility for manufacturing of TVS-K nuclear fuel for PWR reactors at the site of Novosibirsk Chemical Concentrates Plant, one of the world’s major nuclear fuel enterprises. The new facility will enable TVEL to supply various modifications of TVS-K fuel to nuclear power plants powered by…

TENEX has drawn up preliminary results of its 2021 activities

BusinessBy admin December 27, 2021

TENEX, JSC (a company of ROSATOM) took preliminary stock of 2021, with revenue gained by the TENEX Group from its long-established and newly launched business lines exceeding $2.6 billion. “The year of 2021 has been record-breaking for us in terms of the key performance indicators. TENEX Group’s portfolio of foreign orders has reached $22 billion,”…

Gazprom holds briefing on operating modes of Russia’s Unified Gas Supply System

Message to the Media December 27, 2021, 15:20 It was noted at today’s briefing that Gazprom’s production complex has been operating in the autumn/winter maximum mode since December 22. This is caused by abnormally low temperatures with daily averages of up to minus 17 degrees Celsius in the areas covered by the UGSS. This is 9 degrees below the climate normal for this period. On the night of December 25 to 26, the temperature in St. Petersburg…

Concreting of the last tier of Rooppur NPP Unit 2 (Bangladesh) inner containment has been completed

BusinessBy admin December 27, 2021

On December 24, the concreting of the fifth tier of the inner containment of Unit 2 reactor building of Rooppur NPP (Bangladesh) was completed (General Designer and General Contractor – ROSATOM Engineering Division). It took the specialists of Trest RossSEM LLC 23 hours of uninterrupted work to lay 850 m3 of self-compacting concrete mix. The…

Alexey Miller takes stock of Gazprom’s preliminary results for 2021

BusinessBy admin December 23, 2021

December 23, 2021 Speech by Alexey Miller, Chairman of Gazprom Management Committee, at conference call on occasion of New Year’s Eve. Esteemed colleagues, dear friends, As per tradition, we take stock of our work at the end of every year, and 2021 has once again turned out to be a record-breaking year for us. New records in production, new records in gas supplies, new records in financial performance. Together, we confidently reaffirmed our…

Rusatom Overseas and LUKOIL reach agreement to study project of green hydrogen production for PETROTEL-LUKOIL S.A. refinery (Romania)

BusinessBy admin December 23, 2021

Rusatom Overseas JSC (part of ROSATOM) and PJSC LUKOIL signed a memorandum of intent on the development of cooperation regarding production and supply of green hydrogen for PETROTEL-LUKOIL S.A. refinery located in the city of Ploesti, Romania. The parties plan to study opportunities for construction of a green hydrogen production unit at the refinery, thus…

Gazprom transfers license for Vaneyvisskoye and Layavozhskoye fields to its joint venture with LUKOIL

BusinessBy admin December 22, 2021

December 22, 2021, 17:40 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 relevant issues pertaining to their cooperation. Particular attention was paid to the progress and prospects of development operations at the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area. In order to implement the project, a joint…

Fuel loading has started at Belarus NPP Unit 2

BusinessBy admin December 22, 2021

On 22 December, on Power Engineers’ Day – the professional holiday, loading of fresh fuel started at Belarus NPP Unit 2 (general designer and general contractor is ROSATOM Engineering Division). At 10:11 а.m. the first fuel assembly (FA) with nuclear fuel was loaded into the reactor core. Totally 163 fuel assemblies will be consequentially loaded…

Gazprom further advancing relations with investment community

December 21, 2021, 19:20 The Gazprom Board of Directors commended the Company’s efforts with regard to investor and shareholder relations. It was noted that the Company continues to effectively develop and strengthen its engagement with the investment community. This facilitates stable capitalization growth at Gazprom in the long term and helps reduce the cost of debt financing. In 2021, as before, Gazprom maintained an open and constructive dialogue with shareholders…

Gazprom implementing programs for gas supply and gas infrastructure expansion in Russian regions for 2021–2025 ahead of schedule this year

Background As per the list of instructions of Vladimir Putin, President of the Russian Federation, dated May 31, 2020, gas infrastructure expansion in Russia is to be completed in a stepwise manner by 2024 and 2030, and residential consumers must not bear any expenses for the connections to gas distribution networks. In June 2021, a number of important amendments were introduced into Federal Law No. 69-FZ on Gas Supplies in the Russian Federation.…

Construction completed on section of Sakhalin – Khabarovsk – Vladivostok gas pipeline between Komsomolsk-on-Amur and Khabarovsk

December 21, 2021, 19:10 The Gazprom Board of Directors took note of the information about gas supplies to the Khabarovsk Territory from 2025. It was highlighted that work is continuing at Gazprom to provide reliable gas supplies to the consumers of the region. In December 2021, the Company completed the construction and installation works on the expansion of the Sakhalin – Khabarovsk – Vladivostok gas trunkline at the section between Komsomolsk-on-Amur and Khabarovsk. The…

India has Started Construction of Kudankulam NPP Unit 6

On December 20, 2021, the main construction period of the Kudankulam NPP Unit 6 (in the Republic of India) was officially launched through the first concreting in the foundation slab of the reactor building. “The first two NPP power units are demonstrating the sustainable operation at the nominal power level. The power units of the…

First REMIX fuel assemblies loaded at Balakovo NPP

Six fuel assemblies with uranium-plutonium REMIX fuel rods have been loaded into the VVER-1000 core during the scheduled outage at unit 1 of the Balakovo NPP. Each REMIX fuel assembly of the standard TVS-2M model contains only fuel rods with a mixture of uranium and plutonium recovered from spent nuclear fuel (312 fuel rods in…

Annual Hanhikivi 1 NPP project suppliers seminar held in Oulu (Finland)