February 4, 2021 PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2021. Severstal plans to invest approximately $1.35 billion in 2021, focusing on a number of major projects in its Russian Steel and Resources divisions, as well as on…
February 4, 2021 PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, has published its Annual Report for the year ended 31 December 2020 on the Company’s corporate website. The full report is available at: https://www.severstal.com/files/55798/Annual_Report_2020_ENG_final_light.pdf
February 4, 2021 Severstal’s Board of Directors held on 3 February 2021 approved the Company’s Position paper on Climate Change. The document is signed by CEO of Severstal Alexander Shevelev. Severstal’s position on Climate Change PAO Severstal is a vertically integrated steel and steel-related mining company with its major assets in Russia. Severstal is committed…
February 2, 2021 PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has supplied a multi-product (package) order of large-diameter pipes (LDP) to Bulgaria. The pipes were ordered for Bulgartransgaz’s Novaya Provadia compressor station project, which is currently under construction by the company Glavbolgarstroy AD. The LDPs are coated in…
January 29, 2021, 11:05 In Sofia, the Overgas Group and the Gazprom Group reached a mutually satisfactory final agreement on the settlement of all existing disputes and claims, as well as the sale of the Gazprom Group’s share in Overgas Inc. AD. As a result of the agreement, the Gazprom Group will receive over EUR 100 million. 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…
Background In September 2020, Gazprom and the Khabarovsk Territory approved the program for gas supply and gas infrastructure expansion in the region for a new five-year period, i.e. 2021–2025. The Company’s investments in the program will total RUB 5.49 billion – a 3.2-fold increase against the investments made in 2016–2020. Gazprom is planning to build 14 inter-settlement gas pipelines, 9.3 kilometers of gas pipeline branches, and six gas distribution…
VetroSGC-2 (a part of NovaWind JSC, ROSATOM’s company) obtained the permit for the construction of the Medvezhenskaya wind farm with a total capacity of 60 MW in the territory of Trunovskiy urban district, the Stavropol Krai. The receipt of the permit was preceded by a positive opinion of design document expert examination issued by the…
On January 26, 2021 the function was carried out to open Chelyabinsk International Airport after renovation and rebranding. The airport acquired its name from Igor Vasilievich Kurchatov who was a prominent native of the region and one of the founders of the domestic nuclear industry. The opening of the renovated airport was confined to the…
Gazprombank and VetroSGC-2 JSC, which is a part of ROSATOM, announced the final closure of a complex bank financing deal for a wind power plant project in Russia with a total installed capacity of 340 MW. The commissioning date for the last wind power plant is scheduled for December 2022. As part of the deal,…
On January 22, 2021, a unique action aimed at maintaining biodiversity and improving the environmental culture in Brazil was carried out by ROSATOM and Instituto Vida Livre (Brazilian Non-Governmental Organization) under the Cooperation Agreement between these organizations. Rosatom Latin America took part in the release of rehabilitated animals as part of the sponsorship program for…
January 26, 2021, 19:30 A working meeting took place between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK. The parties discussed the state and prospects of their cooperation. It was noted that over the course of 2020, amid the restrictions imposed to fight the spread of the coronavirus, pipes for Gazprom were produced and shipped…
January 26, 2021, 17:00 Oleg Aksyutin, Deputy Chairman of the Management Committee – Head of Department at Gazprom, and Igor Kobzev, Governor of the Irkutsk Region, had an extended meeting in Irkutsk today. The meeting reviewed, among other things, the ongoing efforts for creating the Irkutsk gas production center. It was noted that the work to prepare the Kovyktinskoye field – the basis for the Irkutsk center –…
January 22, 2021, 19:10 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place today via a video call. The parties discussed the state and prospects of their cooperation in the gas sector. Specifically, attention was paid to Russian gas supplies. In 2020, Hungary imported 8.6 billion cubic meters of gas.…
Background Gazprom and LUKOIL are bound by the 2014–2024 General Agreement on Strategic Partnership, pursuant to which, among other things, LUKOIL supplies gas into Gazprom’s gas transmission system. The Vaneyvisskoye and Layavozhskoye fields are located to the east of Naryan-Mar in the Nenets Autonomous Area. The two fields have the aggregate recoverable reserves of 27.4 million tons of liquid hydrocarbons and 225.3 billion…
January 22, 2021, 15:25 A special-purpose vehicle named Gazoprovod Soyuz Vostok was registered in Mongolia. The company was established with the purpose of performing design and survey works and conducting a feasibility study regarding the construction project for a gas trunkline to supply Russian gas across Mongolia to China. “With the Soyuz Vostok gas pipeline, Russia’s Power of Siberia 2 gas pipeline will extend…
The Children’s Foresight Social Project supported by TVEL Fuel Company of ROSATOM is ranked among the finalists in the Education nomination of the BRICS Solutions Awards. BRICS is a group of five rapidly developing countries: Brazil, Russia, India, China, and South African Republic. BRICS Solutions Awards was initiated in October last year by the Agency…
Bochvar Institute (VNIINM, a research facility of TVEL Fuel Company of ROSATOM) has developed hardware components for the reactor core of the ultra-large nuclear icebreaker Project 10510 also known as the Leader. Under the contract with Afrikantov OKB Mechanical Engineering (Rosatom company, developer of nuclear reactors), the institute team has developed technical designs of a…
January 21, 2021 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 Q4 and FY2020.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 Q4 and…
Background Gazprom developed and successfully implemented a corporate Quality Management System. The QMS is aimed at further improving the Company’s performance and efficiency. The system covers business processes in such areas as natural gas, condensate and oil production, transportation, storage and processing, as well as in other fields. The ISO 9001:2015 standard is based on such principles as, inter alia, customer focus, motivation and engagement…
A share of nuclear power plants (branches of Rosenergoatom Concern, part of ROSATOM’s Electric Power Division) in the energy mix of Russia was 20.28% in 2020. In 2019, this indicator was 19.04%. In the National Grid of Russia (EES) their share has increased up to 20.58% against 19.3% in 2019 (exclusive of electricity generation by…
On January 12, at 19-57, the first power unit of Belarus NPP of the newest III+ generation with VVER-1200 reactor (general designer and general contractor – ROSATOM’s Engineering Division) was for the first time brought to rated power level. “Commencement of power ascension to 100% is the main event at the stage of trial operation…
In December 2020, ROSATOM commissioned the largest wind farm in Russia. Since January this year, the Kochubeyevskaya Wind Farm has been supplying electricity and power to the Wholesale Electricity and Power Market and has become the second completed project of NovaWind JSC (the Rosatom’s division responsible for wind energy projects), and the largest operating wind…
Rosenergoatom JSC (part of the Electric Power Division of ROSATOM), which celebrated 75 years since its foundation last year, confirmed that it was indeed the largest power generating company of the country: Nuclear power plants, being its branches, generated over 215.746 billion kWh of electricity. “We ended 2020 with an absolute record in the entire…
January 1, 2021, 10:55 Gazprom today began supplying gas to Serbia, as well as to Bosnia and Herzegovina, via a new route across Turkey and Bulgaria. Gas from Russia is transmitted by the TurkStream offshore gas pipeline and further across Turkey. It is then brought via Bulgaria’s national gas transmission system to Serbia, where it is distributed among consumers in Serbia and in Bosnia and Herzegovina. Deliveries along this route were…
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December 31, 2020, 09:30 A meeting was held under the leadership of Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Yury Urlichich, First Deputy Director General of the Roscosmos State Space Corporation. The parties discussed the ongoing construction of a spacecraft assembly facility (SPKA) in the Moscow Region by Gazprom, as well as the acquisition by Roscosmos of a stake in the authorized capital of the project operator…
December 30, 2020 The construction of the Power of Siberia gas pipeline ushered in a new stage in the development of the entire Amur Region. Here, a new industry – a gas industry – is being built essentially from scratch. The Amur Gas Processing Plant (GPP) is one of the key facilities that are under construction near the town of Svobodny. Just like a magnet, this ambitious project has drawn enormous resources to the region,…
On December 29, 2020 the marine vessel COMBI DOCK I with equipment for Kudankulam NPP (the twenty-second and twenty-third batches of equipment) sailed to India. This shipment of unprecedented volume – 9503 m3 – includes the equipment indented for Kudankulam NPP Units 3 and 4. Long manufacture cycle equipment for Unit 3 includes load and…
AKKUYU NUСLEAR JSC, a subsidiary of ROSATOM, has received a loan of up to $300 million for a period of 7 years from Sovcombank PJSC to finance the Akkuyu NPP construction project in Turkey. The loan opens a new chapter in the relationship between the parties. Ilia Rebrov, Deputy Director General for Economy and Finance…
30 December 2020 – Framatome GmbH and Rusatom Automated Control Systems JSC (RASU JSC), a subsidiary of ROSATOM, signed a contract to provide technical support in design and integration of instrumentation and control (I&C) system for the Hanhikivi-1 Nuclear Power Plant in Finland. Under the terms of the contract, Framatome will provide consulting support…
Engineering Division specialists have applied the Russian Sheet-Pile Walls (abbreviated as RShS in Russian) technology in constructing foundation pit retaining structures for water intake structures and for the feed pump station at the Rooppur NPP construction site (Bangadesh). Russian Sheet-Pile Walls are a construction kit featuring a ready-made range of standard solutions based on sheet…
ROSATOM Engineering Division handed over to the Customer – Jangsu Nuclear Power Corporation Company – Tianwan NPP facilities of Unit 4 Nuclear Island after two-year warranty operation. The corresponding Minutes of the Meeting on the final acceptance of the Unit was signed on December 25. “Tianwan NPS Units 3-4 is an outstanding successful project,…
The Committee for Corporate Social Responsibility and Sustainable Development of the Russian Union of Industrialists and Entrepreneurs (RSPP) December 23 announced results of calculations of sustainable development indexes (ESG indexes) “Responsibility and Openness” and “Sustainable Development Vector” of 2020. ROSATOM became a leader in both groups (43 companies won highest results in the index “Responsibility…
December 25, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has put blast furnace No. 3 (BF-3) at the Cherepovets Steel Mill (part of Severstal’s Russian steel division) onto hot test mode. The new furnace has been named “Cherepovchanka,” its name having been chosen by local residents. BF-3 has…
December 25, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, has completed the construction of environmental facilities for blast furnace No. 3. The modernization of blast furnace No. 3 will mitigate the environmental impact of pig iron production throughout the production chain through use of the best available technologies.…
December 24, 2020, 19:43 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, and Viktor Karankevich, Minister of Energy of the Republic of Belarus, took place today in St. Petersburg. Alexey Miller and Viktor Karankevich signed the Protocol between Gazprom and the Government of the Republic of Belarus…
December 24, 2020 Izhora Pipe Mill (part of Severstal’s Russian Steel division) has been awarded the status of qualified supplier of large diameter pipes (LDP) by the United Arab Emirates (UAE) state oil company, ADNOC. In accordance with the successful certification, the Izhora Pipe Mill’s full assortment of large-diameter pipes, with diameters of 20-56 inches,…
On December 23, 2020, Rusatom – Additive Technologies (RusAT, an enterprise of TVEL Fuel Company and ROSATOM’s integrator for additive manufacturing business) opened its first Additive Technologies Center (ATC) at the site of the Moscow Polymetal Plant. ROSATOM’ ATC in Moscow has been created as the first model of a facility combining development, engineering and…
December 23, 2020, 09:50 The Gazprom Board of Directors took note of the information concerning the impacts of the events of 2020 on the long-term outlook for the global energy market. The most significant development of the year, including in the energy market, has been the new coronavirus pandemic. At the same time, the pandemic’s impact on the global gas market has been quite limited. According…
December 23, 2020, 09:40 The Gazprom Board of Directors took note of the information about the ongoing implementation of the Company’s programs aimed at expanding gas supplies and gas infrastructure in Russian constituent entities, synchronization with regional programs for converting housing and utilities, industries and other entities to gas, as well as extension of gas grid coverage in the Krasnoyarsk Territory. It was highlighted that the creation of gas supply infrastructure…
December 23, 2020, 09:30 The Gazprom Board of Directors took note of the information about the ongoing implementation of the liquefied natural gas (LNG) production and supply projects. It was highlighted that the new coronavirus pandemic has had a negative impact on the long-term outlook for the global LNG industry, and the forecast for the commissioning of LNG production capacities worldwide has been revised downwards. Nevertheless,…
By using project financing methods, Gazprom diversifies its loan sources and improves the efficiency and transparency of its key investment projects further. We plan to expand our project financing activities. It should be pointed out that our project financing transactions are very advanced: for instance, the project financing deal for the construction of the Amur Gas Processing Plant (GPP) has received recognition…
December 22, 2020, 18:00 Gazprom’s overall amount of investments for 2021: RUB 902.413 billion. This budget will provide for a full coverage of Gazprom’s liabilities without a deficit. The Gazprom Board of Directors took note of the Company’s preliminary operating results for 2020 and the projected investment program and budget (financial plan) for 2022–2023. In addition, the Board of Directors approved the investment program and budget (financial…
On December 22, 2020 the pilot operation stage started at Belarus NPP power unit 1 of III+Gen with VVER-1200 reactor (ROSATOM’s Engineering Division is the General Designer and the General Contractor), as specialists started a gradual reactor power increase up to the rated power. A permit to proceed to this stage was issued by the…
December 22, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announces that MSCI has revised its ESG rating upwards from ‘CCC’ to ‘B’ in its latest assessment. The upgrade comes as a result of marked improvements in the ‘Ecology’ section of MSCI’s assessment, and the Company’s progress was also…
December 22, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, has published a presentation on its outlook for LDP demand in key markets and its strengthened offer for Energy customers. Severstal’s energy sector focus is a core pillar of the Group’s growth strategy, representing 9% of sales in 2019,…
December 21, 2020, 15:45 Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the development of the Vaneyvisskoye and Layavozhskoye subsurface areas in the Nenets Autonomous Area. The signing ceremony was also attended by Yury Bezdudny, Governor of the Nenets Autonomous Area. The document, which builds on the Agreement signed at the…
December 21, 2020, 14:30 The sports complex was inaugurated in Svetogorsk. The complex was built in less than a year to the highest standards. The ninth sports and health center, which is located in Tikhvin, is 95 per cent complete. Alexey Miller, Chairman of the Gazprom Management Committee, and Alexander Drozdenko, Governor of the Leningrad Region, today took part in the opening ceremony for a sports and…
December 18, 2020 – Reactor pit construction from the top of the cantilever-truss till the bottom of floor at elevation +26.300 meters at Rooppur NPP power unit No. 1 in Bangladesh is completed. “We left no stone unturned in order to complete the milestones of 2020. Construction personnel of TrestRosSEM LLC completed the reactor pit…
December 21, 2020, Helsinki. – RAOS Project Oy (part of ROSATOM), the plant supplier of Hanhikivi-1 NPP, has submitted the Basic Design Stage 1 documentation package containing technical solutions description to Fennovoima Oy, the NPP Customer. The package has been reviewed by Fennovoima’s specialists and conditionally accepted for further work. The Basic Design Stage 1…
On December 16, the keel for the fifth (fourth serial) Project 22220 nuclear icebreaker Chukotka was laid at the Baltic Shipyard in St Petersburg. Roman Kopin, the Governor of the Chukotka Autonomous Okrug, Alexey Likhachev, Director General of ROSATOM, Evgeny Elin, Vice Governor of St. Petersburg, Vyacheslav Ruksha, Deputy Director General and Director of the…
December 17, 2020, 20:00 The Gazprom Management Committee took note of the information about the progress of the Amur Gas Processing Plant (GPP) construction project. It was noted that the active phase of construction and installation operations is in full swing at the site of the future enterprise, with over 30,000 workers and engineers engaged in the operations. As of today, the project’s readiness is at 70.5 per cent. The recruitment process for…
Background Gazprom Armenia, a wholly-owned subsidiary of Gazprom, supplies natural gas to Armenia’s domestic market. In addition, the company transports, stores, distributes and sells gas, as well as upgrades and expands the gas transmission system and underground gas storage facilities in the Republic of Armenia.
TENEX (an organization of ROSATOM) and ENUSA INDUSTRIAS AVANZADAS, S.A. S.M.E. (ENUSA) have extended the current contract for enriched uranium supply. TENEX has been providing ENUSA with enriched uranium product for nuclear fuel manufacture for Spanish nuclear power plants since 1975. The current long-term contact signed in 2002 is being successfully delivered and regularly renewed.…
December 16, 2020, 16:30 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, and Viktor Karankevich, Minister of Energy of the Republic of Belarus, took place today in St. Petersburg. The parties discussed the conditions of Russian gas supplies to and gas transportation across Belarus starting from January…
December 15, 2020 Izhora Pipe Mill (ITZ, part of Severstal’s Russian Steel division) has again successfully passed an audit by the API (American Petroleum Institute) certification body. In a first for both parties, the 2020 audit was performed online. The API audit is extremely thorough, and the Company spends over a year preparing for it…
14 December 2020, Büyükeceli, Mersin Province, Turkey – Installation of the core catcher vessel into design position has been completed in the Reactor Building of Power Unit 2 of the Akkuyu NPP. The height of the core catcher shell is 5.8 metres, diameter – 6.1 metres, weight – 169 tonnes. The vessel being the main…
December 14, 2020, 15:15 The Global Energy Association, an international organization co-founded by Gazprom, presented its first annual report “Ten Breakthrough Ideas in Energy for the Next 10 Years” written by academics from Russia, the United Kingdom, Italy, and Iran. The report outlines the key ideas of studies aimed at reducing the carbon footprint of energy industries, including by developing energy efficiency and energy conservation practices.…
After the recent refueling at power unit 3 of the Hungarian Paks NPP, its VVER-440 reactor has been loaded with a batch of fresh fuel including 18 fuel bundles of the new modification. The new fuel will be introduced at all four operating power units of the Paks NPP, the number of new-modification bundles in…
December 14, 2020, 12:45 The awarding of the winners and laureates of the 10thEnergy 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 on December 11 in Moscow. The winners of the 10th Energy of Victories national sports journalism festival contest are as follows: Best Article (federal media): 1st…