Severstal reports Q2 & H1 2020 fiacial results

July 23, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q2 & H1 2020 financial results for the period ended 30 June 2020. CONSOLIDATED FINANCIAL RESULTS FOR Q2 AND H1 2020 Notes: EBITDA represents profit from operations plus depreciation and amortisation of productive…

JSC NIIEFA has shipped off a cyclotron CC-30/15 made for the Thailand Institute of Nuclear Technology

On July 15-17, 2020 JSC Efremov NIIEFA (Saint-Petersburg), shipped off the equipment, which is part of an isochronous cyclotron СС-30/15. Nine containers of total weight 120 tons were sent to Nakhon Nayok Province, where JSC Rusatom Health Care and Kinetics Corporation Ltd. carry out construction of the cyclotron and radiochemistry complex ordered by the Thailand…

Sakhalin Energy helps Sakhalin Regional Clinical Hospital

News from projects and regions July 14, 2020, 14:10 Today, Sakhalin Energy provided forty oxygen concentrators to the Sakhalin Regional Clinical Hospital. The apparatuses were purchased in the framework of cooperation with the Sakhalin Region Ministry of Health. Oxygen concentrators are now needed most for treating severe respiratory diseases, including pneumonia caused by COVID-19, a new type of coronavirus. These apparatuses use…

Gazprom Transgaz Ukhta reviews outcomes of its participation in all-Russian campaign #WeAreTogether

News from projects and regions July 14, 2020, 13:30 In the beginning of July, the Administration and the Council of Young Professionals of Gazprom Transgaz Ukhta assessed the outcome of the company’s participation in the #WeAreTogether campaign, where 85 volunteers from the company took part in the nationwide charity event aimed at supporting persons with limited mobility, people staying in mandatory quarantine under instructions from…

Gazprom’s financial information under International Financial Reporting Standards (IFRS) for the three months ended March 31, 2020

July 14, 2020, 10:00 1Q2020 IFRS Results Comment by Famil Sadygov, Deputy Chairman of Gazprom Management Committee, on financial statements under IFRS for three months of 2020 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 three months ended March 31, 2020. The table…

Atommash has successfully performed the hydraulic tests of the reactor pressure vessel for Unit 1 of the “Akkuyu” NPP (Turkey)

The Volgodonsk Branch of JSC “AEM-technology” “Atommash” (part of the ROSATOM Engineering Division – Atomenergomash) successfully completed the hydraulic tests of the first reactor for the first power unit of the “Akkuyu” NPP under construction in Turkey. To carry out the final stage in the manufacturing process of the reactor pressure vessel, a special underground…

Employees of Gazprom Transgaz Kazan hold charity event

Background Gazprom Transgaz Kazan is a wholly-owned subsidiary of Gazprom transmitting over 220 billion cubic meters of natural gas to central Russia, former Soviet Union, and Europe, as well as supplying up to 15 billion cubic meters of gas to consumers in the Republic of Tatarstan and a number of areas in the Orenburg, Samara, Ulyanovsk and Kirov Regions and the Republics of Bashkortostan, Udmurtia and Chuvashia. The company currently operates over 5,700 kilometers of gas…

Severstal icreases stake i CWHE joit veture

July 10, 2020 PAO Severstal announces it has closed a deal to increase its shareholding in its joint venture with Germany’s Linde GmbH for the production of coil-wound heat exchangers (CWHE) for use in medium-scale and large-scale LNG plants. Following the completion of the transaction, Severstal will have a 50% stake in the joint venture.…

Personnel of Gazprom Mezhregiongaz Group companies in Astrakhan tested for coronavirus

News from projects and regions July 9, 2020, 17:40 Over 1,400 employees of Gazprom Mezhregiongaz Astrakhan and Gazprom Gazoraspredeleniye Astrakhan have undergone COVID-19 tests that make it possible to identify infected people at the early stage with no visible symptoms. Preventive testing of personnel forms part of the corporate comprehensive program against the spread of the infection. The goal of the program is to create barriers…

Depleted uranium hexafluoride is strategically important feed, environmentalist and scientists confirmed

On July 8, 2020 the Commission for Environment of the ROSATOM’s Public Council and Environmental and Legal Center Bellona presented on-line a joint report. The issues of depleted uranium hexafluoride (DUH) management in Russia have been under focused attention of the public since November 2019. During several months, public environmental organizations, scientists and specialists carried…

Gazprom Gazoraspredeleniye Tambov taking enhanced measures for coronavirus prevention

News from projects and regions July 7, 2020, 17:30 Gas workers of the Tambov Region are implementing a set of measures aimed at preventing the spread of the coronavirus infection. On July 1, 2020, Gazprom Gazoraspredeleniye Tambov started testing personnel for the virus and its antibodies. Among the first individuals to take the tests are the employees who are involved in continuous production…

Gazprom Mezhregiongaz Tver opens new customer reception area

News from projects and regions July 6, 2020, 20:00 Today, Gazprom Mezhregiongaz Tver opened a new customer reception area, which was set up with due account of the coronavirus prevention measures. The new subdivision (located at 7 Dvor Proletarki St., Office 106) complies with social distancing requirements in its operations. Operators and customers communicate at a safe distance across wide tables; the gas company’s specialists…

Gazprom Dobycha Yamburg renders assistance to intensive care unit of Novy Urengoy Central City Hospital

Background Gazprom Dobycha Yamburg is a wholly-owned subsidiary of Gazprom. It operates in the Yamal-Nenets Autonomous Area. The company is focused on gas and gas condensate production Gazprom Dobycha Yamburg holds licenses for the development and production of hydrocarbons from the Yamburgskoye and Zapolyarnoye fields and is preparing for commercial production the Severo-Kamennomyssky, Kamennomysskoye-Sea, Obsky, Chugoryakhinsky, Tazovsko-Zapolyarny and Yuzhno-Parusovy subsurface areas, and, as part of joint ventures, the Parusovy, Severo-Parusovy…

Second Tier of Internal Containment Installed at Power Unit 1 of Akkuyu NPP (Turkey)

July 1, 2020, Büyükeceli, Mersin Province, Turkey. – The installation of the second tier of the reactor building’s internal containment has been completed at the Power Unit 1 of Akkuyu NPP. Internal containment is one of the critical components of power unit’s safety systems, which prevent release of radioactive materials to the environment. “The installation…

The full package of documents for obtaining a license for the construction of Paks-2 NPP has been submitted to the Hungarian Atomic Energy Authority

In line with the schedule, on 30 June 2020 the customer of the Paks II Nuclear Power Plant, Paks II. Ltd. submitted the implementation license application for the two new VVER-1200 3+ generation nuclear power plant units in Paks to the Hungarian Atomic Energy Authority (HAEA). “Submission of the 283 000 pages license documentation is…

Gazprom Dobycha Urengoy buys required medical equipment for Novy Urengoy’s infectious diseases hospital

Background Gazprom Dobycha Urengoy, a wholly-owned subsidiary of Gazprom, was set up to develop the Urengoyskoye oil, gas and condensate field. Its production infrastructure consists of 22 comprehensive gas treatment units, two oil production sites, 20 booster compressor stations, five gas cooling stations, more than 2,800 production wells, two compressor stations for the utilization of associated petroleum gas, and a pump station for condensate delivery.…

Companies of Gazprom Mezhregiongaz Group in Ulyanovsk strengthen measures to prevent coronavirus spread

News from projects and regions June 30, 2020, 15:45 The specialists of Gazprom Mezhregiongaz Ulyanovsk and Gazprom Gazoraspredeleniye Ulyanovsk have increased the preventive measures aimed at combating the coronavirus infection. In the three months of 2020 since the introduction of restrictive measures, over 400 employees of the gas companies in the region have been tested for COVID-19. These are mainly the specialists…

S&P, Moody’s and Fitch affirm Gazprom’s long-term investment-grade ratings

June 26, 2020, 21:15 In May-June 2020, international ratings agencies S&P Global Ratings, Moody’s Investors Service and Fitch Ratings affirmed Gazprom’s long-term credit ratings as part of their annual reviews. As before, all these ratings are investment-grade with a stable outlook. The S&P (ВВВ-) and Fitch (BBB) ratings correspond to the sovereign credit rating of the Russian Federation, while the rating assigned by Moody’s (Baa2) is a notch…

Gazprom Dobycha Irkutsk helps northern regional healthcare and educational institutions

Background Gazprom Dobycha Irkutsk, a wholly-owned subsidiary of Gazprom, is the development operator of the Kovyktinskoye gas and condensate field which, along with the Chayandinskoye oil, gas and condensate field in the Republic of Sakha (Yakutia), serves as the resource base for the Power of Siberia project. The Kovyktinskoye gas and condensate field is the basis for creating the Irkutsk gas production center as part of the Eastern Gas Program. The company’s production…

Interview with Alexey Miller, Chairman of Gazprom Management Committee, on outcomes of Shareholders Meeting

Gazprom has a clearly outlined goal-setting system. Among our goals is the annual replenishment of the resource base. Thanks to geological exploration activities, our reserve replacement ratio consistently exceeds 1. It has been like this for the past 15 years, and it will remain so in 2020. Yamal accounts for the bulk of the new reserves. This year has already seen a discovery of another major field in the…

Viktor Zubkov reelected as Chairman and Alexey Miller as Deputy Chairman of Gazprom Board of Directors

June 26, 2020, 14:10 A meeting of the Company’s newly elected Board of Directors was held in absentia. The meeting resolved to elect Viktor Zubkov as Chairman of the Gazprom Board of Directors. Alexey Miller Chairman of the Gazprom Management Committee was named as Deputy Chairman of the Company’s Board of Directors. The Board of Directors formed the Audit Committee. The Committee is made up of Mikhail Sereda, Member of the Company’s Board of Directors, and two independent directors Viktor Martynov and Vladimir Mau,…

Gazprom Gazoraspredeleniye Belgorod accepting online applications for utility connections

News from projects and regions June 26, 2020, 12:30 Gazprom Gazoraspredeleniye Belgorod is providing an opportunity for Belgorod residents to file an online application for a utility connection. To save time and ensure safety amid the pandemic, customers can submit applications via the corporate website of Gazprom Gazoraspredeleniye Belgorod. The procedure for filing an application is simple and intuitive. The list of required documents can…

Gazprom’s annual General Shareholders Meeting elects new Board of Directors

Based on the voting results, the annual General Shareholders Meeting of Gazprom formed the Company’s Board of Directors composed as follows: 1. Akimov, Andrey Igorevich Chairman of the Management Board, Gazprombank (Joint Stock Company) 2. Kulibaev, Timur Askarovich Chairman of the Legal Entities Association “Kazakhstan Association of Oil, Gas and Energy Sector Organizations (KAZENERGY),” Chairman of the Presidium of the National Chamber of Entrepreneurs, Republic of Kazakhstan (Atameken) 3.…

Gazprom’s annual General Shareholders Meeting makes decisions on all agenda items

June 26, 2020, 12:10 The annual General Shareholders Meeting of Gazprom was held in the form of absentee voting. The Shareholders Meeting made decisions on all agenda items. The Meeting approved the Company’s 2019 Annual Report and Accounting (Financial) Statements. It was resolved to allocate the Company’s profit based on the results of 2019. The Meeting approved the dividend amount: RUB 15.24 per share based on Gazprom’s operating results in 2019. The dividend…

Quorum present for all items on Shareholders Meeting agenda

June 26, 2020, 09:00 The Counting Board finished counting the votes on the agenda of Gazprom’s annual General Shareholders Meeting. A quorum is present with regard to all agenda items. Shareholders from Russia and a number of foreign countries took part in the Shareholders Meeting. As of June 1, 2020, the list of persons eligible to take part in the Meeting included 706,727 accounts with a total of 23,673,512,900 shares.…

Gazprom Dobycha Yamburg donates oxygen concentrators to Novy Urengoy hospital

Background Gazprom Dobycha Yamburg is a wholly-owned subsidiary of Gazprom. It operates in the Yamal-Nenets Autonomous Area. The company is focused on gas and gas condensate production Gazprom Dobycha Yamburg holds licenses for the development and production of hydrocarbons from the Yamburgskoye and Zapolyarnoye fields and is preparing for commercial production the Severo-Kamennomyssky, Kamennomysskoye-Sea, Obsky, Chugoryakhinsky, Tazovsko-Zapolyarny and Yuzhno-Parusovy subsurface areas, and, as part of joint ventures, the Parusovy, Severo-Parusovy…

Gas companies of Mari El taking additional measures for coronavirus prevention

News from projects and regions June 25, 2020, 16:00 Gazprom Mezhregiongaz Yoshkar-Ola and Gazprom Gazoraspredeleniye Yoshkar-Ola have expanded the set of measures undertaken to prevent the spread of the coronavirus infection. Testing for antibodies to SARS-CoV-2 is being carried out in all cities and districts of the Republic of Mari El. The top-priority groups of specialists to have their samples taken include professionals who have frequent contacts…

Construction of ice-resistant platform for Gazprom’s field on Arctic shelf begins in Astrakhan

June 25, 2020, 13:50 Platform to be operated in extreme climate conditions. Several Russian shipbuilding centers engaged in construction process. Cutting-edge solutions for industrial and environmental safety. A foundation-laying ceremony for an ice-resistant platform (ICP) of Gazprom, which will be used in the development of the Kamennomysskoye-Sea field, took place today at the shipyard of Southern Shipbuilding and Repair Center (part of United Shipbuilding Corporation) in the Astrakhan Region.…

Deadline approaching to submit voting ballots for annual General Shareholders Meeting

June 25, 2020, 10:45 The voting on the agenda of Gazprom’s annual General Shareholders Meeting closes today at 06:00 pm (Moscow time). The Meeting quorum and the voting results will be determined on the basis of votes represented by the voting ballots and declarations of intention received before the closing time. Starting from June 5, 2020, the shareholders were given an opportunity to send their filled-out ballots by mail…

Severstal uses Artificial Itelligece to further boost productivity at Cherepovets Steel Mill

June 25, 2020 A team of specialists from Severstal Digital, part of PAO Severstal, one of the world’s largest steel and steel-related mining businesses, working with experts in flat rolled products from the Cherepovets Steel Mill have successfully increased the productivity of a machine learning model that controls the speed of the Mill’s continuous pickling…

Gazprom Gazoraspredeleniye Leningrad Region resuming maintenance services for gas equipment in households and apartments

News from projects and regions June 24, 2020, 15:00 Gazprom Gazoraspredeleniye Leningrad Region is resuming routine operations pertaining to the provision of maintenance services for gas equipment in households and apartments.<o:p> Inspections will be performed according to the schedule, which was updated after the temporary suspension of services due to anti-epidemic restrictions. Residents of the region will be notified of the upcoming inspections within the timeframes…

Gazprom Mezhregiongaz Yoshkar-Ola offering new online service for making contracts

News from projects and regions June 23, 2020, 20:00 Gazprom Mezhregiongaz Yoshkar-Ola, which supplies natural gas in the Republic of Mari El, is offering a new service on the company’s corporate website: applications for gas appliance maintenance contracts and gas supply contracts can now be submitted online. Gas appliance maintenance contracts and gas supply contracts are essential for every homeowner receiving…

Voronezh gas workers help 49 veterans of WWII

News from projects and regions June 23, 2020, 15:00 Employees of Gazprom Gazoraspredeleniye Voronezh are completing the process of replacing gas-based equipment in the homes of 49 veterans of the Great Patriotic War residing in Voronezh and the Voronezh Region. The company has a permanent program for free-of-charge gas connections, replacement of gas stoves, instantaneous water heaters, boilers and gas meters, and technical maintenance at households…

Employees of Gazprom Transgaz Surgut tested for COVID-19

Background Gazprom Transgaz Surgut is a wholly-owned subsidiary of Gazprom. The company has 26 branches, including 14 gas pipeline operation centers with 38 compressor shops and 273 gas compressor units. Gazprom Transgaz Surgut operates over 6,500 kilometers of gas trunklines running from the Zapolyarny town to the borders of the Omsk and Kurgan Regions, and transmits nearly 200 billion cubic meters of pipeline gas per year. The…

Gazprom Transgaz Saratov supports healthcare institutions

Background Gazprom Transgaz Saratov, a wholly-owned subsidiary of Gazprom, is responsible for natural gas transmission from Western Siberia, Central Asia, the Orenburg Region, and three UGS facilities located in the Saratov Region. The company is in charge of over 7,000 kilometers of gas trunklines and branches, 29 compressor shops, 165 gas compressor units with a total capacity of 1.3 million kW, and 216 gas distribution stations providing gas for about…

ROSATOM signed Memoranda of Understanding with Framatome SAS and GE Steam Power on the Belene NPP (Bulgaria)

ROSATOM signed Memoranda of Understanding (MOUs) with Framatome SAS (France) and GE Steam Power in the framework of the strategic investor selection procedure for the Belene Nuclear Power Plant (NPP) in Bulgaria. Kirill Komarov, First Deputy Director General of Corporate Development and International Business of ROSATOM, Frédéric Lelièvre, Senior Executive Vice President in charge of…

Changeover of shift workers underway at Chayandinskoye field

News from projects and regions June 16, 2020, 16:00 On June 15 and 16, 169 shift workers of Gazprom Dobycha Noyabrsk arrived at the Chayandinskoye field in Yakutia. Most of the duty staff at the production site who have completed their three-month shift will be changed over. The shift period was extended in line with the measures to prevent the spread of the coronavirus infection. Another 150 employees…

Customer service centers of Gazprom Gazoraspredeleniye Far East in Khabarovsk and Komsomolsk-on-Amur returning to work

News from projects and regions June 15, 2020, 13:45 As the restrictive measures taken in response to the coronavirus threat in the Khabarovsk Territory have been partially lifted, the customer service centers of Gazprom Gazoraspredeleniye Far East in Khabarovsk and Komsomolsk-on-Amur are going to resume their work with citizens on issues concerning gas supply and gas grid expansion on June 15. Between March 30 and…

ROSATOM starts equipment installation at the Pilot Demonstration Energy Complex within the “Proryv” project

ROSATOM starts installation of equipment at the fuel fabrication/re-fabrication unit of the Pilot Demonstration Energy Complex, which is under construction at the site of Siberian Chemical Plant (an enterprise of TVEL Fuel Company of ROSATOM in Tomsk region, West Siberia). The Pilot Demonstration Energy Complex is under way within the strategic “Proryv” (Rus. – “the…

Gazprom Dobycha Noyabrsk continuing to ship equipment to Chayandinskoye field

Background Gazprom Dobycha Noyabrsk, a wholly-owned subsidiary of Gazprom, develops seven fields, including four gas fields, two gas and condensate fields, and one oil, gas and condensate field. The company’s facilities, among them three gas production sites and three gas production directorates, are located in the Yamal-Nenets Autonomous Area, Kamchatka, and Yakutia. As an operator, the company provides gas production and…

Drilling of first producing well starts at Kharasaveyskoye field in Yamal

Background On March 20, 2019, Vladimir Putin, President of Russia, launched full-scale development of the Kharasaveyskoye field. It was planned to complete road filling and site preparation works for production facilities in 2019 and to start the drilling of producing wells in June 2020. The Kharasaveyskoye field is the second most important field (after the Bovanenkovskoye field) in Gazprom’s Yamal gas production center. The Yamal center plays an essential…

Joint statement by Gazprombank and Gazprom regarding current situation with Belgazprombank

June 12, 2020, 19:50 Gazprombank and Gazprom, as the shareholders of Belgazprombank, declare that on June 11, 2020, the Board of the National Bank of the Republic of Belarus committed illegal actions in violation of the laws of the Republic of Belarus when appointing acting Chairman of the Management Board and acting Deputy Chairman of the Management Board at Belgazprombank. These appointments were accompanied by the detention of authorized members of the…

Gazprom reduces greenhouse gas emissions in 2019

June 10, 2020, 16:00 – Savings of energy sources achieved in parallel with growth in gas production. – Greenhouse gas emissions reduced by 3.52 million tons of СО2 equivalent in 2019. Gazprom took stock of its environmental activities in the year 2019 as presented in the Environmental Report published on the Company’s website. Last year, Gazprom achieved all of its Corporate Environmental Targets. The Company saved 3.3 billion cubic meters…

The second piece of the melt trap – the cantilever truss – has been installed at its final position at the Kursk NPP-2 construction site

The cantilever truss, the second piece of the ‘melt trap’, with the weight of 145 tons and the diameter of over 9 meters, has been installed at its final position, under the reactor vault, at the Kursk NPP-2 second power block. That said, one of the governmental assignments for 2020 has been completed. ‘We continue…

Changeover of shift personnel takes place at Gazprom Dobycha Urengoy

News from projects and regions June 8, 2020, 20:00 The first stage of shift personnel changeover at Gazprom Dobycha Urengoy is completed. From June 4 to 7, more than 200 people started their work at remote gas and gas condensate production sites after a two-week medical observation period at the places of temporary accommodation.<o:p> This was preceded by an extended and mandatory rotational leave coupled…

Key contracts signed as part of project for setting up Complex for processing ethane-containing gas near Ust-Luga

June 8, 2020, 17:30 – Supply contracts signed for feed gas and sales gas, as well as ethane fraction. – EPC contract signed for gas processing and off-site facilities within integrated complex. A number of key contracts were signed today in St. Petersburg as part of the project for the creation of the Complex for processing ethane-containing gas (including an integrated complex for natural gas processing and liquefaction,…

Gazprom’s project finance deal for Amur GPP receives international awards

Background On December 23, 2019, Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur GPP. The funds are provided by 22 European, Asian and Russian banks. This deal is unprecedented in Gazprom’s history and is among the largest in Europe over the last few years. TXF and Proximo are information agencies that specialize in publishing news,…

Gazprom Workers’ Union allocates funds to combat coronavirus

News from projects and regions June 3, 2020, 18:50 Trade unions within the Gazprom Workers’ Union Interregional Organization have provided over RUB 70 million to support the efforts aimed at preventing the spread of the coronavirus. The funds are to be used to purchase protective and preventive products: face masks, disinfectants, non-contact thermometers, germicidal lamps, bactericidal air recirculators, medications, etc. The Presidium of the…

Subscriber base of Gazprom Mezhregiongaz Izhevsk’s online services grows by over 9,000 users

News from projects and regions June 3, 2020, 18:45 Gazprom Mezhregiongaz Izhevsk has taken stock of the work done by its subscriber service in the first five months of 2020. From January through May of this year, more than 9,000 users created personal accounts at the мойгаз.смородина.онлайн website, as a result of which its subscriber base expanded to 55,461 people. This period of operation partially overlapped…

Call center of Gazprom Mezhregiongaz Rostov-on-Don provides customer support over 122,000 times in stay-at-home period

News from projects and regions June 3, 2020, 18:30 The remote customer support services offered by Gazprom Mezhregiongaz Rostov-on-Don worked even more effectively in the period of self-isolation. The company’s call center received over 122,000 inquiries and submissions from March 31 to May 31. The operators receive more than 1,600 calls a day. In April and May, the specialists of the call…