BN-800, the world’s most powerful operational fast neutron reactor at Unit 4 of Beloyarsk NPP in Russia, has been loaded with the first serial batch of MOX fuel made of depleted uranium and plutonium oxides. After an overhaul, the power unit has successfully resumed operation. Distinct from traditional nuclear fuel with enriched uranium, MOX fuel…
Background TurkStream is an export gas pipeline stretching from Russia to Turkey across the Black Sea. Its design capacity is 31.5 billion cubic meters of gas per year. Commercial supplies via the gas pipeline commenced on January 1, 2020. On January 8, the presidents of Russia and Turkey held a grand opening ceremony for TurkStream in Istanbul.
The floating nuclear heat and power plant (FNHPP, a project by the Rosenergoatom Joint-Stock Company, a part of ROSATOM) has delivered its first 10 mln kWh of electric power into the isolated network of the Chauny-Bilibino hub (the Chukotka Autonomous Region) since its connection to the grid on December 19, 2019. As of now, the…
News from projects and regions January 21, 2020, 09:30 On January 11–18, Ufa hosted the All-Russian Tennis Tournament held with support from Gazprom Transgaz Ufa. The tournament brought together over 60 participants up to 15 years old from across the Republic of Bashkortostan, as well as from Moscow, Sochi, Izhevsk, Chelyabinsk, Magnitogorsk, and Samara. The children competed on one of the best tennis courts in Ufa,…
January 21, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s largest vertically integrated steel and mining companies, announces that it has invested in Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. Severstal joins other investors in this investment…
On January 20, Director General of ROSATOM Alexey Likhachev paid a working visit to the operating Tianwan Nuclear Power Plant (Jiangsu Province, China). Tianwan NPP is a result of Russia China joint efforts. Today, all four power units with Russian-designed VVER-1000 operate efficiently at the station. Alexey Likhachev met with the head of the Atomic…
Background The Vernadsky Nongovernmental Ecological Foundation was established in 1995 at the initiative of Gazprom. For more than 20 years, the Foundation has been pursuing its main goal of achieving sustainable environmentally-oriented social and economic development of society based on the scientific heritage of the academician Vladimir Vernadsky. The Foundation comprises over 30 member organizations headed by its founding company, Gazprom. The Foundation serves as a consulting…
January 17, 2020 PAO Severstal (MICEX-RTS: 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 FY2019. Q4 2019 GROUP HIGHLIGHTS Hot metal output declined 4% q/q in Q4 2019 to 2.36 mln tonnes (Q3 2019: 2.46 mln tonnes) due to short-term…
FSUE Atomflot (an enterprise of ROSATOM) summed up results of its operations in 2019. Over this time, nuclear icebreakers steered 510 vessels of a total gross tonnage of 30.28 million tons (for comparison, in 2018, 331 vessels of a total gross tonnage of 12.7 million tons were steered). “Large increase in total gross tonnage of…
News from projects and regions January 13, 2020, 14:30 Photos On January 10, Nadym (Yamal-Nenets Autonomous Area) once again hosted a charity concert entitled Christmas Evenings. The concert concluded the series of the charity actions held by Gazprom Dobycha Nadym on New Year’s Eve. The first of those actions was named “A Gift for a Child” and was launched in late December. Gazprom Dobycha…
January 1, 2020, the Federal Environmental, Industrial and Nuclear Supervision Service (Rostechnadzor) issued a new license for the right to operate Unit 1 of Rostov NPP. The license was received as planned due to expiry of the preceding license and will be valid until the end of 2031. As of January 9, 2020, Unit 1…
Release January 8, 2020, 16:00 Gas supplies via TurkStream will help strengthen energy security in Turkey and Europe. A grand opening ceremony for the TurkStream gas pipeline took place today. Attending the event were Vladimir Putin, President of the Russian Federation, Recep Tayyip Erdogan, President of the Republic of Turkey, Aleksandar Vucic, President of the Republic of Serbia, Boyko Borissov, Prime Minister of the Republic…
In 2019, the Russian nuclear power plants (affiliate companies of the Rosenergoatom Joint-Stock Company) set a new electric power output record – over 208.784 billion kilowatt-hours, which means they have grown their joint production and exceeded their previous record of 2018 (204.275 billion kWh) by over 4.5 billion kWh. The FAS assignment for 2019…
Release December 31, 2019, 22:00 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, Belarusian Minister of Energy, took place today in Moscow. The parties discussed in detail the issues related to cooperation in the gas sector from 2020 onward. Alexey Miller and Vladimir…
Background Gazprom Armenia, a wholly-owned subsidiary of Gazprom, is focused on natural gas supplies to the Armenian market. In addition, the company transports, stores, distributes and sells natural gas, as well as upgrades and expands the gas transmission system and underground gas storage facilities in the Republic of Armenia. The contract between Gazprom Export and Gazprom Armenia for the supplies of up to 2.5 billion cubic meters of Russian gas per…
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December 30, 2019 “Following five days of continuous bilateral negotiations, final decisions and arrangements have been reached in Vienna. At the same time, a whole set of agreements and contracts has been signed, and one can fairly say that these arrangements represent a major package deal that has restored the balance between the interests of the parties. These documents are coming into…
Release December 30, 2019, 23:55 Pursuant to the Protocol of December 20, 2019, Gazprom, Naftogaz of Ukraine, Gas Transmission System Operator of Ukraine and the Ministry of Justice of Ukraine signed a package of documents providing for Russian gas transit across Ukraine to continue beyond December 31, 2019. Gazprom and Naftogaz of Ukraine concluded an irrevocable settlement agreement stipulating that all outstanding arbitration and judicial claims…
On December 29, the Federal Environmental, Industrial and Nuclear Supervision Service (Rostechnadzor) issued a second additional service life extension license for Unit 4 of Novovoronezh NPP for 13 years. Thus, the unit will serve for 60 years instead of thirty years as designed. Over 40 events, including those to improve safety, were carried out to…
The X session of the Joint Coordination Committee on the Project of Unit 2 modernization and life extension at Armenian NPP took place in Moscow on 26 December. The representatives of the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia, Haykakan Atomayin Electrakayan JSC (Armenian NPP), Armatom Scientific Research Institute JSC, Rosatom…
Release December 27, 2019, 19:40 Gazprom boosted Yamal gas production center’s resource base. Kruzenshternskoye field’s gas reserves were increased by 360 billion cubic meters. Hi-tech directional well was built. Subsurface use right was granted for Sopochny block in YaNAA’s Tazovsky District. The Federal Agency for Mineral Resources approved the expert opinion of the State Reserves Commission with regard to the calculation…
ROSATOM has completed the first phase of wind turbines’ commissioning at its wind farm at Adygea. This marks an important milestone in further development of low-carbon programs at ROSATOM. Adygea Wind Farm with total capacity of 150 MW, which construction has been recently completed at Shovgenovsky and Giaginsky districts of the Republic of Adygea, proved…
The first Russian-made nuclear fuel assemblies with experimental accident-tolerant fuel rods (ATF) for commercial reactor have been manufactured and passed acceptance inspection at Novosibirsk Chemical Concentrates Plant, a fabrication facility of ROSATOM’s TVEL Fuel Company. Already in the first quarter of 2020, they should be loaded into one of VVER-1000 reactors at Rostov NPP. Each…
December 26, 2019 Dear colleagues, Today, we are taking stock of the year 2019. This year has already become a landmark in the history of the gas industry. A tremendous amount has been achieved. First and foremost, the Power of Siberia gas pipeline has come onstream. As you know, on December 2, the Company launched Russian pipeline gas supplies to China. This is a market with enormous potential. Power…
Release December 24, 2019, 19:15 Economic effect from Gazprom’s import substitution efforts in 2016–2018 is estimated at RUB 20.7 billion. Full range of key equipment created for operating offshore fields. The Gazprom Board of Directors took note of the information about the engagement of Russian industrial and machine-building enterprises in the implementation of the Company’s strategic goals. Gazprom is actively employing various organizational mechanisms to enhance its cooperation with…
Release December 24, 2019, 19:10 The Gazprom Board of Directors took note of the information concerning the impacts of the events of 2019 on the long-term outlook for the global energy market. It was highlighted that the ongoing global growth in natural gas consumption is one of the chief trends of 2019. China continues to demonstrate significant growth. In 2018, the country’s gas consumption went up by 18 per cent. By the end of 2019,…
Release December 24, 2019, 19:00 Gazprom’s overall amount of investments for 2020: RUB 1,104.7 billion. This budget will provide full coverage of Gazprom’s liabilities without deficit. The Gazprom Board of Directors took note of the Company’s preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. In addition, the Board of Directors approved the investment program and budget (financial…
Release December 24, 2019, 18:55 Dividends will be calculated based on adjusted net profit under IFRS. Target level of payouts – at least 50 per cent – is to be reached in three years. Dividend calculation mechanism was made as transparent as possible. The Gazprom Board of Directors approved the new revision of the Company’s Dividend Policy. The document, which was developed as part of the effort to streamline the financial strategy of Gazprom, takes into account…
Release December 24, 2019, 15:20 Total amount borrowed: EUR 11.4 billion. Financing is provided by 22 banks from Europe, Asia, and Russia. Unprecedented deal in Gazprom’s history and one of Europe’s largest in last few years. Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). The total amount of debt financing is EUR 11.4 billion.…
The agency noted, among other things, that PhosAgro’s Baa3 rating reflects the Company’s significant global market presence and focus on premium-priced value-added complex fertilizers; strong margins through the cycle, underpinned by its high-quality mining resources, self-sufficiency in key raw materials, and access to low-cost sulphur and natural gas; and balanced financial policy and public commitment…
December 21, 2019, 17:25 Alexey Miller, Chairman of the Gazprom Management Committee: “In line with the Protocol on gas cooperation, Gazprom and Naftogaz will sign an agreement to settle their mutual claims under the existing contracts, thereby restoring the balance between the interests of the parties. According to the settlement agreement, no new claims shall be filed, the pending arbitration and legal claims shall…
Release December 21, 2019, 17:20 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Li Yong, Vice President of China Petrochemical Corporation (Sinopec Group), took place today in St. Petersburg. The parties discussed their potential areas of cooperation. Information Directorate, Gazprom Related news
The molten core catcher or the so-called ‘melt trap’ has been installed at its design position under the reactor vault of the 2nd power block of Kursk NPP that is being constructed following the VVER-TOI project. ‘A molten core catcher is a unique development of the Russian nuclear power experts and one of the key…
19th December, 2019, Pevek, Russia – The floating power unit (FPU) Akademik Lomonosov has been connected to the grid, generating electricity for the first time in the isolated Chaun-Bilibino network in Pevek, Chukotka, Russia’s Far East. This happened after the Russian regulator Rostekhnadzor issued an operations permit, as well as permission to connect to the…
News from projects and regions December 18, 2019, 19:00 Photos On December 17, the first practical session of the Secrets of Beauty and Creativity museum workshop for children with disabilities was held in Saratov. The training course consisting of 10 classes was developed by the Radishchev State Art Museum with support from Gazprom Transgaz Saratov. The workshop group includes 10 pupils aged 9 to…
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. Gazprom Dobycha Noyabrsk takes part in the state-run Eastern…
Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has taken under advisement the Company’s main budget parameters for 2020. PhosAgro CEO Andrey Guryev said: “Given the current pricing environment in global fertilizer markets, it was recommended that the Management Board consider…
December 18, 2019 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announced that its venture capital arm, Severstal Ventures, has made a minority investment in Modumetal, Inc., the leader in the innovation and commercialization of a novel class of nanolaminated alloys. Severstal Ventures joins existing Modumetal stakeholders, including Vulcan Ventures,…
The Federal Service for Ecological, Technological and Nuclear Supervision (Rostekhnadzor) has issued a licens for an extended (outside of the designed one) lifespan for the operation of the Smolensk NPP 3rd power block for another 15 years. That said, the power block will be in service for 45 years instead of the original 30 years.…
Release December 16, 2019, 15:05 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, Belarusian Minister of Energy, took place today in St. Petersburg. The parties discussed relevant matters of cooperation in the gas sector from 2020 onward. The main focus was on the…
Release December 13, 2019, 18:50 Another round of bilateral negotiations on gas between Russia and Ukraine took place today in Vienna. The negotiations involved Alexey Miller, Chairman of the Gazprom Management Committee, and the heads of Naftogaz of Ukraine, Gas Transmission System Operator of Ukraine and the National Commission for State Regulation of Energy and Public Utilities. The parties discussed issues related to cooperation in the…
As a part of the Rosenergoatom Joint-Stock Company’s digital transformation project, the Kola NPP has successfully delivered a pilot project on the implementation of automated control for personal protection compulsory adequate use program. The first batch of the innovative system has started its way in the substation integration module rooms where staff works with high-voltage…
One of the first projects in Russia to create smart personal protective and personnel positioning equipment was implemented. Smart Helmets — the staff positioning system that allows to remotely control observance of safety instructions at work and monitor the employee movement and condition during work. The project is an element of the Unified Digital Strategy…
Release December 12, 2019, 15:10 Gazprom is creating cutting-edge hi-tech solutions. Economic benefit of implemented solutions exceeds RUB 60 billion. The award ceremony for the 2019 edition of the corporate Science and Technology Prize took place at the meeting of the Gazprom Management Committee. It was noted at the event that the total economic benefit of the award-winning solutions and technologies exceeds RUB 60 billion. The top prize…
Release December 12, 2019, 15:00 The Gazprom Management Committee took note of the information about the impacts of the events of 2019 on the long-term outlook for the global energy market. It was highlighted that the ongoing growth in natural gas consumption around the world is one of the chief trends of 2019. China continues to demonstrate significant growth. In 2018, the country’s gas consumption went up by 18 per cent.…
Release December 12, 2019, 14:40 Gazprom’s overall amount of investments for 2020: RUB 1,104.7 billion. Gazprom’s borrowings for 2020: RUB 557.8 billion. Final investment program and budget to be approved by Gazprom Board of Directors. The Gazprom Management Committee took note of the Company’s preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. The Management Committee also endorsed the…
Release December 12, 2019, 14:30 It is proposed that dividends be calculated based on adjusted net profit under IFRS. Target level of payouts – at least 50 per cent – is to be reached in three years. New version of Dividend Policy will be submitted for approval by Gazprom Board of Directors. The Management Committee endorsed the draft new revision of Gazprom’s Dividend Policy. The document, which was developed as part of the effort to streamline the financial strategy…
On December 10, 2019, a delegation of the Ministry of Scientific Research and Technological Innovation of the Republic of the Congo headed by Minister M. P. E. Cussu-Mawungu arrived to Moscow by an invitation of Director General of ROSATOM Alexey Likhachev. The Congolese delegation was familiarized with capabilities and competences of the Russian nuclear industry…
Release December 11, 2019, 19:20 Andrey Fick has been appointed Head of Department 644. Andrey Fick was born in the Krasnodar Territory in 1969. He graduated from Krasnodar Polytechnic Institute in 1993, majoring in Mechanical Engineering Technologies. He obtained his second university degree from Kuban State Technological University in 2000, majoring in Cryo-Engineering. He has an MBA degree and a PhD degree in Engineering. He has been a member of Gazprom’s team…
On 11 December, 2019 specialists of Power Unit No.1 of Belarus NPP (the General Designer and the General Contractor – Rosatom State Corporation Engineering Division) have proceeded to the reactor plant hot run – the most large-scale stage of the commissioning works before physical start-up. According to Mr. Vitaliy Polyanin, Vice-President and Director of Belarus…
Electrochemical Plant (ECP, an enterprise of TVEL Fuel Company of ROSATOM in Zelenogorsk, Krasnoyarsk region, East Siberia) and Orano Projects (France) have signed the contract for supply of equipment for construction of the second installation for de-fluorination of depleted uranium hexafluoride (DUHF) on the site of ECP. The document is signed by Sergey Filimonov, Director…
December 9, 2019, Cairo (Egypt) – ROSATOM took part in the Fifth Arab Forum on the Nuclear Energy Prospects for Electricity Generation and Seawater Desalination held in Cairo from December 2 to 4. The conference organized by Arab Atomic Energy Agency (AAEA) and Nuclear Power Plants Authority. It brought together stakeholders of nuclear industry of…
On December 9, 2019, ROSATOM and Delo Group signed documents on JSC Atomenergoprom’s equity investments in Delo Group with an ownership interest of 30%. For ROSATOM the document was signed by Director of JSC Atomenergoprom Kirill Komarov; for Delo Group it was signed by President of Delo Group Sergey Shishkarev. According to the signed documents,…
December 09, 2019, Ankara, – AKKUYU NUCLEAR JSC and Turkish System Operator TEIAS have signed the Republic of Turkey Transmission Grid Connection Agreement. The conclusion of this agreement will enable AKKUYU NUCLEAR JSC and TEIAS to commence full-scale work on creating a power distribution scheme for Akkuyu NPP, which will include 6 high-voltage transmission lines…
December 9, 2019 PAO Severstal and Italian company Valvitalia have signed a distribution agreement for Severstal to supply Valvitalia products and solutions to its customers in the energy industry. Partnering with the global leader in TPA production will enable Severstal to provide its customers with a comprehensive offer based on the experience, competencies and expertise…
Release December 6, 2019, 20:10 The bilateral negotiations at the expert level between Gazprom and Gas Transmission System Operator of Ukraine with regard to the terms of transiting Russian gas to Europe from 2020 onward continued today in Vienna. The parties discussed the results of their interaction in the past week and agreed to continue their work together. Information Directorate, Gazprom Related news
Release December 6, 2019, 19:45 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Georg Graf Waldersee, Commissioner of the Federal Government of the Federal Republic of Germany for Gas Transit across Ukraine, took place today in St. Petersburg. Alexey Miller briefed Georg Graf Waldersee at length about the progress of the Russian-Ukrainian negotiations on cooperation in the gas sector from 2020…
Background The International Business Congress (IBC) is an international non-governmental and non-profit organization. The IBC consists of 124 members from 24 countries, among them Gazprom, OMV AG, Deutsche Bank, N.V. Nederlandse Gasunie, J.P. Morgan Bank International, KPMG, Mitsubishi, Mizuho Bank, Siemens, Shell, Equinor, Schneider Electric, Sumitomo Mitsui Banking Corporation, Total, Uniper, Wintershall Dea, Sakhalin Energy, Srbijagas, and others. The IBC’s supreme body…
Release December 5, 2019, 18:00 Alexey Miller, Chairman of the Gazprom Management Committee, and Ulziisaikhan Enkhtuvshin, Deputy Prime Minister of Mongolia, signed today in Sochi a Memorandum of Understanding. The document provides for a joint assessment of the feasibility of pipeline gas supplies from Russia to China across Mongolia. Information Directorate, Gazprom Related news
Siberian Chemical Plant (a subsidiary of TVEL Fuel Company of ROSATOM in Seversk, Tomsk region, West Siberia) has signed the contract with Concern Titan-2 engineering company for construction and installation works within the project of BREST-OD-300 lead-cooled fast neutron reactor facility. The total contract value is 26.3 billion rubles. The contractor will accomplish construction of…