Gazprom Transgaz Saint Petersburg financing development of COVID-19 drug

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Background Gazprom Transgaz Saint Petersburg, a wholly-owned subsidiary of Gazprom, is engaged in natural gas transmission in nine regions of northwestern Russia, as well as natural gas transit to the CIS and Europe. The company operates over 10,000 kilometers of gas trunklines, transporting more than 137 billion cubic meters of gas every year. The company’s production capacities are comprised of 32 compressor stations, 192 gas compressor units, and 241 gas distribution stations. Gazprom Transgaz…

Members of Gazprom Management Committee donate personal funds to fight spread of coronavirus

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April 30, 2020, 14:00 The Gazprom Management Committee held a meeting. The Members of the Management Committee resolved to make a donation in the amount of their respective monthly salaries in order to help fight the spread of the new coronavirus. The funds were donated to the Botkin Clinical Infectious Diseases Hospital, a state budgetary healthcare institution in St. Petersburg. Information Directorate, Gazprom Related news

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

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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…

Gazprom Transgaz Surgut strengthens disinfection efforts for motor vehicles

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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

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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…

Severstal reports Q1 2020 fiacial results

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April 24, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q1 2020 financial results for the period ended 31 March 2020. CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2020 Notes: EBITDA represents profit from operations plus depreciation and amortisation of…

Leader project: Аtomflot and shipbuilder Zvezda sign nuclear icebreaker construction contract

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Murmansk/Vladivostok, 23 April 2020 – On April 23, Rosatom subsidiary FSUE Atomflot and shipbuilder Zvezda LLC remotely signed a contract on the construction of the nuclear icebreaker Leader (project 10510); the parties were respectively located in Murmansk and Vladivostok. The document was signed by FSUE Atomflot general director Mustafa Kashka and Zvezda LLC general director…

The Board Recommeds Q1 2020 Divided Paymet, chages the form of the AGM ad approves the Ageda for the AGM

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April 23, 2020 The Board of Directors of Severstal (“Severstal”, “the Company”) (LSE: SVST; MICEX-RTS: CHMF), one of the world’s leading vertically integrated steel and steel-related mining companies, is recommending a dividendof 27.35 roubles per share for the three months ended 31 March 2020. Approval of the dividend is expected at the Company’s AGM which…

Gazprom Dobycha Astrakhan helps new hospital

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Background Gazprom Dobycha Astrakhan is a subsidiary of Gazprom focused on prospecting, exploration and development of hydrocarbon fields. The Levoberezhnaya part of the Astrakhanskoye gas and condensate field with an area of 1,360 square kilometers has been in operation since 1986. The field produces formation fluid with a high content of sulfur (25 per cent) and carbon dioxide (15 per cent). The company has around 300 wells of various use, hundreds…

Gazprom commencing preparations for 2020–2021 autumn/winter period

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April 15, 2020, 16:45 The Gazprom Management Committee reviewed the operating results of the Company’s subsidiaries and organizations over the 2019–2020 autumn/winter period and discussed the measures to be taken for ensuring uninterrupted gas supplies to consumers in the upcoming 2020–2021 autumn/winter period. Gazprom fulfilled all of its obligations for providing domestic and foreign consumers with reliable gas supplies in the past winter, which…

Gazprom Transgaz Tomsk donates funds to purchase intensive care equipment for hospital in Tomsk

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News from projects and regions April 15, 2020, 16:40 Gazprom Transgaz Tomsk has donated almost RUB 3.5 million to purchase medical equipment for Tomsk City Hospital No. 3. The funds have been used for the re-equipment of the intensive care unit and the critical care ward of the hospital. “We have long wanted to purchase state-of-the-art equipment for dosed supply of medications, as this…

The large-scale tests of the reactor plant have been completed at start-up power unit No.1 of Belarus NPP

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April 15, 2020 – The important and large-scale stage of the nuclear facility preparation program  for commissioning – hot run testing of the reactor plant (RP) – was successfully completed at the first power unit of Belarus NPP (the General Designer and the General Contractor – ROSATOM Engineering Division). During the hot run being held from…

Management Committee proposes dividend amount of RUB 15.24 per share for 2019

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Background The decisions on the profit distribution and dividend payout, dividend size, payout method and dates, as well as the date on which the list of persons entitled to receive dividends is drawn up, will be made by the annual General Shareholders Meeting of Gazprom as recommended by the Board of Directors. In December 2019, the Gazprom Board of Directors approved the new revision of the Company’s Dividend Policy. The target level of dividend payouts…

ROSATOM facility awarded to design the new Russian megascience installation that would be used for anti-virus research

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The Central Design and Technological Institute, an enterprise of ROSATOM’s TVEL Fuel Company, has signed the government awarded contract for design of the Center of Common Use – the Siberian Circular Photon Source (the SKIF project). SKIF, a megascience class project, refers to the latest generation of synchrotron radiation sources 4+ with an energy of…

Maximum daily deliverability of Russian UGS facilities to exceed 1 billion cubic meters

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April 10, 2020, 14:55 Construction of UGS facility in Kurgan Region slated to start in near future. Exploration underway for construction of new UGS facilities in three federal districts. The Gazprom Management Committee took note of the information about the program for underground gas storage (UGS) facility development in Russia for 2020–2030. It was highlighted that the Company ensures a high level of reliability of its gas supplies to consumers. Consistent increases…

Gazprom carrying on with major investment projects

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April 10, 2020, 14:25 The Gazprom Management Committee took note of the information about the status of the Company’s major investment projects. Within the Eastern Gas Program, Gazprom continues to ramp up its production and gas transmission capacities. At the Chayandinskoye field in Yakutia, the Company is setting up the facilities required to bring the field to its design annual output of 25 billion cubic meters of gas. Specifically, efforts are underway to expand the…

Management Committee proposing to hold annual General Shareholders Meeting via absentee voting

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April 10, 2020, 13:50 The Gazprom Management Committee addressed issues associated with arranging and holding the Company’s annual General Shareholders Meeting. The Management Committee endorsed the proposals to hold the annual General Shareholders Meeting of Gazprom in the form of absentee voting and to set the deadline for ballot submission as June 26, 2020. In addition, the Management Committee approved the proposals on: the format…

Ganz EEG supplied 3 hydroturbines to Russia

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On April 3th 2020 Ganz EEG Kft (Russian-Hungarian joint venture, subsidiary of mechanical engineering division of ROSATOM – “Atomenergomash”) has supplied 3 horizontal shaft Kaplan-type turbines with a performance of 1,825 MW each, ordered by the Russian RusHydro company. The turbines are going to be installed at a small hydropower plant in Stavropol Krai, Russia.…

Gazprom Dobycha Astrakhan provides help to its region of operation

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Background Gazprom Dobycha Astrakhan is a subsidiary of Gazprom focused on prospecting, exploration and development of hydrocarbon fields. The Levoberezhnaya part of the Astrakhanskoye gas and condensate field with an area of 1,360 square kilometers has been in operation since 1986. The field produces formation fluid with a high content of sulfur (25 per cent) and carbon dioxide (15 per cent). The company has around 300 wells of various use, hundreds…

ROSATOM arranged the return of 178 employees from construction site of Rooppur NPP (Bangladesh) to Russia

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Communications Department of ROSATOM:   “When our employees find themselves abroad in this difficult situation and want to return to their homeland, we will accommodate their needs. On 6 April, with the permission of Russia’s government, we were able to organise the first such flight to transfer 178 [employees] who have expressed the desire [to…

ROSATOM facility inks long-term contract for supply of nuclear fuel components to ETRR-2 reactor in Egypt

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Novosibirsk Chemical Concentrates Plant (NCCP), an enterprise of ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed 10-years term contract for supply of low-enriched nuclear fuel components, such as uranium and aluminum items, for ETRR-2 research reactor. ETRR-2, a research reactor of Argentinian design, is based at the Nuclear Research Center in…

Gazprom continuing consistent work on import substitution

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March 27, 2020, 18:50 The Gazprom Management Committee took note of the information about the progress achieved in terms of import substitution efforts in 2019, as well as about the measures to facilitate the integration of domestically-manufactured equipment and technologies in the production operations of the Gazprom Group. It was highlighted that the intensive work in this sphere in conjunction with Russia’s science and technology complex is aimed at reinforcing the technological…

Gazprom increases domestic sales of natural gas as vehicle fuel by 30 per cent in 2019

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March 27, 2020, 18:45 The Gazprom Management Committee held a meeting in absentia. The Management Committee took note of the information about the Company’s ongoing efforts for the development of the NGV market in the Russian Federation. It was highlighted that the use of natural gas as a vehicle fuel helps substantially reduce transport costs and environmental impacts. The sales of natural gas via Gazprom’s refueling facilities continue to grow, demonstrating…

Gazprom instructed to proceed to pre-investment phase in Power of Siberia 2 project

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Message to the Media March 27, 2020, 17:15 A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller briefed Vladimir Putin on the ongoing activities in the autumn/winter period, the Company’s main accomplishments in 2019 and its plans for 2020. Particular attention was paid to the potential for enhancing gas…

ROSATOM wins tender for neutron-flux monitoring equipment modernization at Kozloduy NPP units 5 and 6

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Rusatom Service JSC (electric power division of ROSATOM) and Kozloduy NPP (Bulgaria) signed a contract on neutron-flux monitoring equipment modernization for units 5 and 6 of the plant. This contract was concluded, based on the results of a public tender, which was announced in September, 2019. Neutron-flux monitoring equipment plays an essential role in ensuring…

CNIITMASH and Bureau Veritas are Starting Personnel and Welding Technology Certifica-tion According to European Norms in Russia

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CNIITMASH JSC (belonging within JSC Atomenergomash, a machine-building division of ROSATOM) became the first in Russia official partner of Bureau Veritas Exploitation S.A.S (France) involved in weld-ing personnel and procedures certification according to European norms. Within the frames of the Partnership Agreement, CNIITMASH and Bureau Veritas will work together in certification of personnel and welding…

Sakhalin Energy Offloaded 1,800th Standard LNG Cargo

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News from projects and regions March 25, 2020, 16:00 Earlier today at the Port of Prigorodnoye, the 1,800th LNG cargo produced at the Sakhalin-2 LNG plant operated since 2009, was loaded onto the Hyundai Aquapia LNG carrier. The destination country for this cargo, purchased by KOGAS company, is South Korea. It is also worth to note that this is the first port call of the ship…

Update set of measures regardig COVID-19

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March 20, 2020 PAO Severstal, one of the world’s leading steel and steel-related mining companies, provides the following update set of measures in response to the global COVID-19 pandemic. While Severstal’s operations are functioning as usual, the continued health and safety of all our employees is our absolute priority. Severstal is strictly following recommendations issued…

Photo Essay “Arctic’s tough rules”

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March 13, 2020 In the navigation period of 2019, Gazprom constructed two wells in the Kara Sea: exploratory well No. 4 at the Leningradskoye gas and condensate field and prospecting-and-appraisal well No. 1 at the Skuratovsky licensed block. Gazprom pays particular attention to maintaining the safety of the works performed offshore and on the shelf. For this purpose, among other things, the Company…

Gazprom and OMV introducing amendments to asset sale deal

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Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies. On October 3, 2018, Gazprom and OMV signed the Basic Agreement on Asset Sale. In accordance with the document, OMV will obtain a 24.98 per cent stake in the project for developing Blocks 4A and 5A in the Achimov formations of the Urengoyskoye field. As a result, the Gazprom Group’s stake in the project will…

Severstal discloses 2020 evirometal ivestmet pla

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March 3, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces its plans to invest plan approximately 1.1 billion roubles in environmental projects in 2020. The investment will cover a full environmental refurbishment programme at Severstal’s main assets to further reduce the Group’s environmental impact. 671 million roubles…

Gazprom stepping up cost optimization measures for Group’s companies

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Release February 28, 2020, 18:10 Cost reduction is ensured in planning Gazprom’s budget for 2020. Budget preparation and implementation procedures continue to be enhanced in the Group’s companies. Management of the Group’s financial resources has been consistently improved. The Gazprom Board of Directors took note of the information about the Gazprom Group’s cost optimization (reduction) efforts in 2019 and its priorities in this area for 2020. Gazprom is taking…

Board of Directors reviews ongoing implementation of digital technologies within Gazprom

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Release February 28, 2020, 18:05 The Gazprom Board of Directors took note of the information about the ongoing implementation of advanced digital technologies within the Gazprom Group. It was highlighted at the Board Meeting that the use of digital technologies within Gazprom is aimed at further improving the flexibility and effectiveness of the Company’s corporate governance and contributes to achieving its strategic goals. Work continues on the integration…

Russia’s first LNG-powered passenger ship to be built in Tatarstan

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Release February 27, 2020, 19:15 Gas-powered waterborne transport represents new segment of NGV market. Sales of gas as vehicle fuel in Tatarstan went up by 39 per cent in 2019. In 2020, Gazprom will build two new CNG stations in this region. A Gazprom delegation headed by Vyacheslav Mikhalenko, Member of the Management Committee, Head of Department, took part in the keel-laying ceremony for Chaika LNG, the first passenger ship…

TVEL Fuel Company of ROSATOM and Spanish partners develop cooperation in Decommissioning & Dismantling of nuclear facilities

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TVEL Fuel Company of ROSATOM and Spanish companies ENUSA, ENSA and IDOM have signed the MOU on development of cooperation in Decommissioning & Dismantling of nuclear facilities, as well as in the area of nuclear waste management and related engineering and consulting services. Along with that the companies have signed the roadmap for various projects…

LNG-powered freight trucks of Russian make to transport helium from Amur GPP

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Release February 25, 2020, 19:50 Batch production of trucks to be carried out by KAMAZ. Gazprom to set up LNG production and refueling infrastructure. First 18 trucks to go on road in 2021. A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Chemezov, Director General of the state-owned Rostec Corporation, took place today in Moscow. The meeting participants reviewed the potential areas of cooperation between Gazprom and…

ROSATOM and Minstroy of Russia signed an agreement on carrying out the International Industrial Engineering Construction Championship

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On February 21, ROSATOM and the Ministry of Construction, Housing and Utilities of the Russian Federation signed an agreement on carrying out the 1st International Industrial Engineering Construction Championship. For ROSATOM the document was signed by Director General Alexey Likhachev, for Minstroy of Russia it was signed by Minister of Construction, Housing and Utilities of…

Gazprom looking to maintain and strengthen its leadership position in Europe while expanding into Asia

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Release February 20, 2020, 15:55 The Gazprom Management Committee took note of the information about the Company’s international marketing strategy. It was highlighted that Gazprom is the largest gas supplier to Europe. In December, the Company started delivering pipeline gas to China. In addition, LNG from the Gazprom Group’s portfolio is being supplied to the Asia-Pacific region and elsewhere. Gazprom’s marketing strategy is aimed at maintaining and strengthening the Company’s leadership position in the European…

Overdue debt of Russian consumers for gas supplies reduced by RUB 5.3 billion in 2019

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Release February 20, 2020, 15:50 The Gazprom Management Committee reviewed the information on improving the payment discipline with regard to domestic gas supplies, as well as on the measures being taken to settle the outstanding consumer debt for the gas supplied, including the interaction with government authorities to perfect the current legislation that regulates the procedure of paying for gas. It was noted that the Company…

Mikhail Rosseev elected Member of Gazprom Management Committee

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MediaNews and eventsAlexey Miller’s columnPress ConferencesPhoto essaysOn-the-spot reports, articles, interviewsForums and exhibitionsImage and video libraryPeriodicalsPress ServiceNews and eventsAlexey Miller’s columnPress ConferencesPhoto essaysOn-the-spot reports, articles, interviewsForums and exhibitions Release February 20, 2020, 10:00 On February 19, 2020, the Board of Directors elected Mikhail Rosseev as a Member of the Gazprom Management Committee for a five-year term. Background Mikhail Rosseev has been appointed Deputy Chairman of the Management Committee – Chief…

Severstal ivests i ew log-rage wire mill at CherMK log-rage rollig mill

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February 20, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces the construction of long-range wire mill 170 in the long-rolling production segment at Cherepovets Steel Mill (part of Severstal’s Russian steel division). The total investment is expected to amount to approximately 11 billion rubles. Alexander Shevelev, CEO…