Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has joined the European Sustainable Phosphorus Platform (ESPP). PhosAgro is the first fertilizer company with production sites outside the European Union to join ESPP. Membership in the not-for-profit association serves as confirmation of PhosAgro’s…
Release October 22, 2019, 18:50 The Gazprom Board of Directors took note of the information about the ongoing implementation of programs aimed at expanding gas infrastructure in Russian constituent entities, including the data on the economic model, synchronization with regional programs for converting housing and utilities to gas, and extension of gas grid coverage in the Krasnoyarsk Territory. It was stressed that consistent expansion of gas infrastructure in Russian regions…
The Kalinin NPP’s activities with regard to facilitating technical support of the power blocks and managing system and equipment configuration and modification comply with the standards set forth by the International Atomic Energy Agency (IAEA). This was the conclusion presented by Tea Bilic Zabric, an IAEA expert from Slovenia, during the seminar held at the…
Background Fortum is a Finnish energy corporation. Fortum holds a 49.99 per cent stake in Uniper SE. On October 8, 2019, Fortum announced that it had entered into agreements with the Elliott and Knight Vinke investment funds to acquire a 20.5 per cent stake in Uniper for approximately EUR 2.3 billion. As a result of the deal, Fortum’s share in Uniper may increase to 70.5 per cent. Nord Stream 2 is the construction…
October 22, 2019 Cherepovets Steel Mill, one of the largest steel plants in the world (part of the Russian Steel division of PAO Severstal), reduced its overall consumption of almost all energy sources per product ton in the first nine months of 2019, compared to the same period of 2018. This resulted in a total…
Background Gazprom Transgaz Stavropol is a wholly-owned subsidiary of Gazprom. The company operates linear gas trunklines that pass through 10 constituent entities of the North Caucasus and Southern Federal Districts of the Russian Federation. It also ensures that gas is supplied to Georgia, Armenia, Turkey, and the Republic of South Ossetia. Gazprom Transgaz Stavropol consists of 18 branches, including 10 gas pipeline operation centers. The company’s annual gas transmission volumes…
On October 19, 2019, during the visit of Russian Prime Minister Dmitry Medvedev to Belgrade, Russia and Serbia signed an intergovernmental agreement on cooperation in the construction of the Center for Nuclear Science, Technology and Innovations in the Republic of Serbia. On the Russian side, the document was signed by Alexey Likhachev, General Director of…
On October 17, Director General of ROSATOM Alexey Likhachev visited the construction site of the International Thermonuclear Experimental Reactor (ITER) in France. The project aims to demonstrate the scientific and technological feasibility of industrial use of thermonuclear energy, as well as develop the required technological processes. During his visit, the head of ROSATOM conducted a…
Message to the Media October 18, 2019, 14:00 A working meeting took place today between Dmitry Medvedev, Prime Minister of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller briefed Dmitry Medvedev on the main accomplishments of the Company since the start of 2019, including the preparations for the autumn/winter period. Particular attention was paid to interactions with Ukraine…
October 18, 2019 – Exceptional margins supported by vertical integration- PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q3 & 9M 2019 financial results for the period ended 30 September 2019. CONSOLIDATED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2019 Notes: EBITDA…
Release October 16, 2019, 18:35 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Geza Andreas von Geyr, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Russian Federation, took place today in Moscow. The parties discussed current areas of cooperation, including the Company’s gas exports to Germany. The meeting participants expressed great appreciation for Nord Stream’s contribution to the…
Release October 16, 2019, 13:50 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place today in Moscow. The parties reviewed issues related to cooperation in the energy sector, including exports of Russian gas to Hungary. It was noted that Gazprom’s supplies to the country over nine and a half months of 2019 totaled 8.9 billion…
The Russia-Africa Economic Forum will host on October 23 a panel discussion “Contribution of Nuclear Technologies in the Development of Africa” with the participation of Director General of ROSATOM Alexey Likhachev The panel discussion will become one of the key topic within the framework of the forum’s business program. Alexey Likhachev will discuss the possibilities…
October 15, 2019, Abu Dhabi, UAE – ROSATOM and Emirates Nuclear Energy Corporation (ENEC) has renewed its Memorandum of Understanding (MoU) on cooperation in the field of peaceful uses of nuclear energy. The signing was held in Abu Dhabi on the sidelines of the official visit of Russian President Vladimir Putin to the United Arab…
Hanoi, October 11-13 – ROSATOM, Hanoi University of Science & Technology (HUST) and Information Center on Nuclear Energy (ICONE) jointly organize the Festival of Science & Technology-2019. During the Festival aimed to popularize atomic technologies among the youth of Vietnam a wide range of lectures and discussions supported by leading experts of Russian nuclear industry…
Riyadh – PhosAgro (Russia) and Ma’aden (Saudi Arabia) – two of the world’s leading fertilizer producers – and the Russian Direct Investment Fund (RDIF) have signed a cooperation agreement to support global food security through the use of environmentally friendly phosphate-based fertilizers. The signed agreements were exchanged today in the presence of Russian President Vladimir…
The International Atomic Energy Agency (IAEA) Conference on Climate Change and the Role of Nuclear Power was held in Vienna from October 7 to 11. The conference was organized with the support of the Organization for Economic Cooperation and Development (OECD) and the Nuclear Energy Agency (NEA), which is part of its structure. The conference…
Release October 11, 2019, 18:40 The Gazprom Management Committee took note of the information about the progress of major investment projects. The Company is making preparations for the first pipeline supplies of Russian gas to China via the Power of Siberia gas pipeline. Efforts for filling up the pipeline with gas from the Chayandinskoye field in Yakutia are going according to schedule, with start-up and commissioning operations undergoing at the field’s core…
October 11, 2019 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 Q3 2019. Q3 2019 GROUP HIGHLIGHTS Hot metal output increased 7% q/q in Q3 2019 to 2.46 mln tonnes (Q2 2019: 2.30 mln tonnes) following short-term maintenance works…
The second Nuclear Industry Suppliers Forum organized by ROSATOM and Egyptian Nuclear Power Plant Authority (NPPA) was held in Cairo (Egypt) on October 8-9, 2019. The event were held at the venue of the Big Industrial Week Global Industrial and Technical Exhibition and Forum. Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt, Kirill…
October 10, 2019 Cherepovets Steel Mill (CherMK), one of the largest integrated steel plants in the world (part of Severstal’s Russian Steel division), has announced plans to increase the amount of electricity it generates using by-product industrial gases. CherMK consumes 5.9 billion kWh of electricity per year, 78% of which the mill generates itself. As…
Background Gazprom Transgaz Ukhta is a wholly-owned subsidiary of Gazprom supplying natural gas to consumers in nine regions of northwestern Russia and ensuring gas transit within and beyond the former Soviet Union. The gas transmission system operated by the company stretches across Russia’s northwestern areas from the Yamal Peninsula-based Bovanenkovskoye field and Baidaratskaya, the world’s northernmost compressor station, to the country’s western borders. Gazprom Transgaz Ukhta’s area of operation covers…
News from projects and regions October 9, 2019, 18:10 On October 6, the 12th “We Are Just Like You!” Olympiad for children with special needs was held in Sakhalin with support from Gazprom Transgaz Tomsk. Taking part in the competition were 40 athletes aged 7 to 14 years old from Kirov Children’s Boarding School and the Preodoleniye social rehabilitation center. The sporting…
Release October 9, 2019, 12:45 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 Moscow. The parties discussed issues related to supplies of Russian natural gas to Europe in the period from January 1, 2020. Ukraine is currently taking steps…
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 refueling modules at the premises of gas…
News from projects and regions October 5, 2019, 18:00 On October 5, employees from the companies and organizations within the Gazprom on Baikal non-profit partnership took part in an annual autumn cleanup arranged in the regional center by Irkutsk gas workers. As usual, the partnership’s teams cleaned up the outdoor area of Irkutsk Residential Care Facility No. 1, as well as the areas adjacent to the water…
October 2, 2019, Moscow – TITAN-2 JSC, contractor for building and supply of equipment for Hanhikivi-1 NPP (Finland) construction, has signed a contract with Framatome-Siemens, the French-German consortium, to supply Main Instrumentation and Control (I&C). The contract was signed following a competitive procedure with the participation of international companies that are market leaders in the…
On October 3, 2019 in Havana, an agreement for the implementation of a project for the construction of a multipurpose irradiation center in the Republic of Cuba was signed. Jose Fidel Santana, Vice Minister of Science, Technology and Environment, and Nikolay Spassky, Deputy Director General at ROSATOM, signed the document on the Cuban side and…
Release October 4, 2019, 19:00 The award ceremony for the Oil and Gas Projects: Glance into the Future international competition for young scientists took place at the 9th St. Petersburg International Gas Forum. The top prize went to Vadim Tsygankov, associate professor at the Gubkin Russian State University of Oil and Gas (National Research University), for his project entitled Liquefied Petroleum…
October 4th, 2019, Moscow – Rusatom Overseas JSC and The Department of Energy of the Republic of Philippines and signed Memorandum of Intent on cooperation in the sphere of small modular reactors. In the frames of MoI parties agreed to conduct a pre-feasibility study on construction in the Philippines of nuclear power plants based on…
October 03, 2019 – Within the framework of the Russian Energy Week 2019 international forum, Rusatom Automated Control Systems JSC (RASU JSC), JSC Specialized Scientific Research Institute for Instrumentation Engineering (JSC SNIIP) and Thermo Fisher Scientific Messtechnik GmbH (Germany) signed the Memorandum of Understanding, which marks the beginning of, and provides the general framework for…
Background Gazprom Transgaz Tchaikovsky is a wholly-owned subsidiary of Gazprom. The company is focused on natural gas transmission to consumers in the Perm Territory, the Republic of Udmurtia, the Kirov Region and the Republic of Tatarstan, as well as on gas transit via 15 gas trunklines to the central regions of the Russian Federation and abroad. The company maintains over 10,500 kilometers of gas trunklines carrying more than 300 billion cubic meters of gas. The…
Release October 4, 2019, 14:30 The award ceremony of the 2018 corporate contest for the best inventors and innovators took place today at the meeting of the Scientific and Technical Council of Gazprom as part of the 9th St. Petersburg International Gas Forum. The top place in the Best Inventor among Gazprom’s Subsidiaries category was shared by Gazprom Transgaz Krasnodar and Severneftegazprom. In 2018, these…
Release October 3, 2019, 21:30 A music and visual art performance entitled “Imperial Capitals: St. Petersburg – Vienna. 20th Century” took place today at the Grand Hall of the Dmitry Shostakovich St. Petersburg Academic Philharmonia. The event was held as part of the joint cultural project of Gazprom and Austria’s OMV. The concert, which was attended by more than a thousand people, became the…
Background Gazprom VNIIGAZ is the leading R&D technology center of Gazprom focused on designing and promoting cutting-edge technologies, modeling, regulatory and metrological support, supervising research activities within Gazprom’s comprehensive programs as well as devising national and regional development programs for the gas industry. VNG is engaged in natural gas imports, underground storage and consumer supplies in Germany’s eastern federal states and in Berlin. In January 2013,…
Background The spacecraft assembly project of Gazprom will make it possible to produce high-end world-class spacecraft primarily designed to increase the capacity of the Yamal orbital satellite constellation and the SMOTR remote sensing satellites owned by the Company. These space systems provide for technological communication and monitoring of the Gazprom Group’s production facilities. The in-house assembly facility is expected to reduce costs and shorten…
Background Peter the Great St. Petersburg Polytechnic University is a multifunctional state higher education institution. In 2010, it was granted the status of a national research university. It includes 11 basic institutes, units of further education, the New Production Technologies NTI Competence Center, and a complex of research units. SPbPU is one of the core universities of Gazprom. The university has the specialized department of Gazprom Transgaz Saint Petersburg, which…
Release October 3, 2019, 18:20 Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, today signed at the 9th St. Petersburg International Gas Forum a series of documents with the heads of a number of companies and Russian regions to enhance the use of natural gas as a vehicle fuel. A roadmap for accelerated development of the NGV market until 2024 was signed with Maxim Shaskolsky, Vice Governor of St.…
Background Gazprom Energoholding, a wholly-owned subsidiary of Gazprom, manages the core companies of the Gazprom Group in the power generation sector (Mosenergo, TGC-1, OGK-2, and MOEK). GPB Asset Development is a specialized company in the structure of Gazprombank (Joint Stock Company), established to improve operational efficiency in terms of asset management, restructuring of troubled assets, and supporting transactions with assets under management. REP Holding is a developer, manufacturer and supplier of next-generation…
Release October 3, 2019, 18:00 Oleg Aksyutin, Deputy Chairman of the Gazprom Management Committee, Head of Department, and Nikolai Buynov, Chairman of the Board of Directors of Irkutsk Oil Company, today signed at the 9th St. Petersburg International Gas Forum a Memorandum of Intent. Pursuant to the document, the companies intend to jointly set up the Project for exploration, production, transportation, processing and sale of hydrocarbons from…
Release October 3, 2019, 17:50 Photos The closing ceremony of the international Blue Corridor – Gas into Engines 2019 Rally for vehicles powered by natural gas took place today at the 9th St. Petersburg International Gas Forum. The race was sponsored by Gazprom and Germany’s Uniper. The ceremony was attended by Viktor Zubkov, Chairman of the Gazprom Board of Directors, and Uwe Fip,…
Release October 3, 2019, 17:45 Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Christian Bruch, Executive Vice President and CEO of Linde Engineering, and John van der Velden, Managing Director of Linde Engineering, today signed at the 9th St. Petersburg International Gas Forum the Joint Venture Contract and Joint Venture Participants Agreement between Gazprom 335 and Linde AG. In accordance…
Background The Salzburg Festival is a world-known festival of music and drama held every summer in Salzburg, Austria. Traditionally, its program consists primarily of classical music concerts and performances of drama and opera. The Festival was founded in 1920 by poet Hugo von Hofmannsthal, theater and film director Max Reinhardt, composer Richard Strauss, head of the Wiener Staatsoper Franz Schalk, and set designer Alfred…
On September 29, one of the annual milestones was performed at Unit 1 of Rooppur NPP (General Designer is Atomstroyexport JSC, a part of ROSATOM) under construction in Bangladesh according to the Russian design – the reactor support truss was installed in the design position. The purpose of the support truss is to fasten the…
September 30, 2019 PAO Severstal has launched its own “Open Innovations” platform (//innovations.severstal.com/en), designed to complement the Company’s open innovations initiatives and tools. The site hosts Severstal’s initiatives for cooperating with startups, innovative teams and industry experts, as well as indicating priority areas for cooperation and specific tasks that need to be tackled today. The…
TVEL JSC and Kozloduy NPP (a part of national utility Bulgarian Energy Holding) organized International conference ‘Operation, Simulation and Experimental Support of VVER Fuel’ in Nesebar (Bulgaria). Around 120 experts from 11 countries, as well as representatives of the IAEA and European Commission, took part in the event. Participants of the conference discussed in detail…
Release September 25, 2019, 19:50 Photos Infographics A working visit by Viktor Zubkov, Chairman of the Gazprom Board of Directors, took place in Nizhny Novgorod today. Viktor Zubkov held a meeting on the prospects of the Russian NGV market. Taking part in the event were Igor Komarov, Presidential Plenipotentiary Envoy to the Volga Federal District; Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee; Vladimir Markov and Vyacheslav Mikhalenko, Members of the Gazprom Management…
An agreement between IAEA and Rosatom Technical Academy (Rosatom Tech), officially designating Rosatom Tech as a Collaborating Center in the field of knowledge management and Human Resource Development for Nuclear Energy and Nuclear Security was signed during the 63rd Annual Regular Session of the IAEA General Conference, which was held in Vienna (Austria) from September…
September 25, 2019, Tokyo – Rusatom Overseas and Japan’s Agency for Natural Resources and Energy under the Ministry of Economy, Trade and Industry signed an agreement to join efforts in conducting a feasibility study in 2020-2021 to export hydrogen from Russia to Japan. On the Russian side, the agreement was signed by Anton Moskvin, Vice…
Key Highlights of PhosAgro’s strategy to 2020 adopted in 2013: Production of fertilizers increased more than 50% from 5.9 million tonnes in 2013 to 9.0 million tonnes at the end of 2018, with expected production of 9.4–9.5 million tonnes in 2019; Fertilizer sales volumes in the Company’s priority domestic market nearly doubled to…
Release September 24, 2019, 20:05 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. It was highlighted that Gazprom is focused on further improving its operational efficiency and maintaining technological leadership among energy companies. These efforts are being carried out in a systematic manner within the Company’s Innovative Development…
London – The Board of Directors of PhosAgro has approved a new dividend policy, under which future dividend payments will be based on the Company’s free cash flow instead of net profit, with the amount varying depending on the Company’s debt levels. The new policy will allow the Company to direct more than 75% of…
The World Association of Nuclear Operators (WANO) completed the follow-un peer review at Smolensk NPP. It was part of the plan of the cooperation with Rosenergoatom. Five experts from Russia, Ukraine and Armenia independently assessed progress achieved by the plant in the areas of improvement marked by the 2017 peer review. “I noted the great…
Background In August 2009, Gazprom brought into operation the Dzuarikau – Tskhinval gas trunkline to provide direct gas supplies from the Russian Federation to South Ossetia. In April 2010, Gazprom and the Government of South Ossetia signed the Cooperation Agreement until 2029. Gazprom developed the General Scheme for gas infrastructure expansion in South Ossetia. The document provides for gas infrastructure expansion in some…
Release September 23, 2019, 17:25 The Coordination Council of Gazprom and Uniper for sci-tech cooperation and staff training & development held a meeting in the Krasnodar Territory. The Co-Chairmen of the Coordination Council – Sergey Khomyakov, Deputy Chairman of the Gazprom Management Committee, Oleg Aksyutin, Deputy Chairman of the Gazprom Management Committee, Head of Department, and Andreas Schierenbeck, Chairman of the Management Board of Uniper – noted the…
September 20, 2019, Vienna – The 63rd Annual Regular Session of the IAEA General Conference was held in Vienna. The Conference brought together high-ranking delegates from more than 170 IAEA Member States to discuss the most relevant issues and set priority directions for developing cooperation in the global nuclear industry. Director General of ROSATOM Alexey…
Release September 20, 2019, 18:30 The Russian stage of the international Blue Corridor – Gas into Engines 2019 Rally for vehicles powered by natural gas was launched today at the Russkaya compressor station (CS) in the Krasnodar Territory. Via a video link, the participants in the Russian stage of the race took over from the European-stage crews that had traveled 5,320 kilometers from Istanbul, Turkey,…
September 17, 2019, on the sidelines of the 63rd IAEA General conference in Vienna the Governments of the Russian Federation and of the Republic of Uganda signed an intergovernmental agreement on cooperation in the peaceful uses of nuclear energy. On behalf of Russia, the document was signed by Nikolay Spassky, Deputy Director General – Director…
September 18, 2019 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, has launched a pilot project under the World Steel Association’s (“Worldsteel”) “Step up” programme, which aims to reduce greenhouse gas (GHG) emissions by the global steel industry through the introduction of a new methodology. Launched at Severstal’s flagship steel…
On September 16, 2019 Unit 2 of Novovoronezh Phase II completed 15-day comprehensive trials of the equipment or so-called commissioning tests. The new innovative power unit ran fault-free at 100% capacity during the entire testing period. “We completed commissioning tests of the new power unit strictly on schedule. Results of the comprehensive trials speak about…