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…
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…
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…
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…
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…
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…
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…
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 19, 2020, 18:15 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place today in Moscow. The parties…
On the 15-18 February, 2020, in Egypt, Hurghada was held the 12th International Conference on Nuclear Sciences and its Applications, organized by the Egyptian Society for Nuclear Sciences and Applications. The event was held under surveillance of the Egyptian Ministry of Energy and Renewable Energy and the Egyptian Atomic Energy Authority. ROSATOM acted as one…
On February 10-14, 2020 in Vienna (Austria), the International Atomic Energy Agency (IAEA, Agency) hosted the third International Conference of Nuclear Security (ICONS 2020). The event gathered together more than 1,600 experts from 134 states. The Russian delegation included representatives of MFA of Russia, ROSATOM and its organizations, Rostechnadzor and FCS of Russia. The ministerial…
February 19, 2020 PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, is reconstructing shaft furnace No. 1 in the electrical steel smelting and processing production facility at Cherepovets Steel Mill (part of Severstal’s Russian steel division). The total investment will amount to about 3 billion rubles. The project is…
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 18, 2020, 19:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Davaa Dulamsuren, Ambassador Extraordinary and Plenipotentiary of Mongolia to the Russian Federation, took place today…
SMR-2020, the annual conference devoted to small moduclar reactors, took place in Prague on 13 February 2020. The Conference was organized by the Nuclear Physics Department, the Czech Technical Unifersity in Prage, under the auspices of the Ministry of Industry and Trade of the Czech Republic. At the Conference, Artem Larionov, Senior Specialist at…
Release February 17, 2020, 18:10 Elena Vasilieva has been replaced as Deputy Chairman of the Management Committee – Chief Accountant of Gazprom by Mikhail Rosseev, former Deputy Chief Accountant. The relevant decisions on the termination of membership in and election to the Gazprom Management Committee will be adopted by the Company’s Board of Directors. Anatoly Titov has been replaced as Director General of Gazprom Transgaz Tomsk by Vladislav Borodin, former…
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 14, 2020, 13:30 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…
The first of 10 key milestones related to the Kursk NPP-2 construction has been performed ahead of schedule in the current year – the installation of the first tier of the reactor building outer containment was completed at power unit No. 1. “Work for Kursk NPP-2 power unit construction are underway according to the schedule…
Release February 11, 2020, 18:50 – Sustainable operational and financial results achieved in 2019. – Positions in target sales markets expected to strengthen further. – Attention focused on increasing economic efficiency of activities. Today, Gazprom’s 15thannual Investor Day was launched in New York. Taking part in the event are Famil Sadygov Deputy Chairman of the Gazprom Management Committee, Elena Burmistrova Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom…
Background Gazprom Transgaz Nizhny Novgorod is a wholly-owned subsidiary of Gazprom that delivers natural gas to 15 regions in the Volga and Central Federal Districts of the Russian Federation. The company’s gas transmission system is composed of trunklines stretching for over 13,000 kilometers. Gazprom Transgaz Nizhny Novgorod operates 54 compressor workshops, 284 gas compressor units, 371 gas distribution stations, 2 mobile CNG refuelers, and 4 gas refueling modules located at gas…
Within the scope of EPC contract for El Dabaa NPP construction in Egypt specialists of Kursk Branch of JSC ASE EC provided to the Nuclear Power Plants Authority (NPPA) representatives information on Russian practice of the construction supervision during construction of Kursk NPP-2. Amongst other things, as part of the first stage of training Egyptian…
Release February 4, 2020, 17:00 General Shareholders Meeting to be held on June 26, 2020, in St. Petersburg. Lists of nominees approved for Board of Directors and Audit Commission. The Company’s Board of Directors resolved to hold the annual General Shareholders Meeting of Gazprom on June 26, 2020, in St. Petersburg. The list of persons entitled to participate in the Shareholders Meeting will be drawn up on the basis of Gazprom’s Register of Shareholders at the end…
January 31, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q4 & FY2019 financial results for the period ended 31 December 2019. CONSOLIDATED FINANCIAL RESULTS FOR THE FOURTH QUARTER ENDED 31 DECEMBER 2019 Notes: EBITDA represents profit from operations plus depreciation and amortisation…
January 31, 2020 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 2020. Severstal plans to invest approximately 110.5 billion rubles in 2020, focusing on the key areas of the Company’s updated strategy as disclosed during its Capital Markets Day…
January 31, 2020 PAO Severstal (MICEX-RTS: 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 2019 on the Company’s corporate website. The full report is available at: https://www.severstal.com/eng/ir/results_and_reports/annual_reports
Release January 29, 2020, 16:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Evangelos Mytilineos, Chairman of the Board of Directors and CEO of Mytilineos S.A., took place today in Moscow. The parties discussed issues related to natural gas supplies. Background Mytilineos S.A. is one of Greece’s leading industrial companies, with activities in such areas as metallurgy, energy, and EPC projects. In 2017, Gazprom Export started…
Background Gazprom’s interests in Bangladesh are represented by Gazprom EP International B.V., a specialized company for implementing international projects, including those in the areas of hydrocarbon prospecting, exploration and production, as well as power generation and LNG. Gazprom’s main partner in Bangladesh is Petrobangla, a state-owned corporation engaged in oil, gas and mineral resource-related activities. In 2012 and 2015, Gazprom EP International and Petrobangla signed the contracts to build exploratory and…
News from projects and regions January 28, 2020, 19:30 A joint scientific and practical conference of TMK and Gazprom took place today. The conference was focused on the use of innovative solutions in developing new hydrocarbon fields. The event was held at the recently opened R&D center of TMK in Skolkovo. The conference participants discussed the prospects of cooperation in designing new products and took part…
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. In 2015, Gazprom’s Sosnogorsk GPP started to receive associated petroleum gas from the northern group of fields developed by LUKOIL-Komi. In 2018, Gazprom and LUKOIL signed the Agreement stating the intention of the parties to jointly develop the Vaneyvisskoye and Layavozhskoye…
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…