Gazprom discovers two new fields containing over 500 billion cubic meters of gas on Yamal shelf

Background Vasily Dinkov (1924–2001) was an eminent figure in the history of the Russian fuel and energy complex. He served as Minister of the USSR Gas Industry in 1981–1985 and as Minister of the USSR Oil Industry in 1985–1989. Gazprom secured the subsurface use licenses for the Rusanovsky and Nyarmeysky licensed blocks in 2013. Since then, 3D seismic surveys covering 5,790 square kilometers have been carried out within…

Winners of 8th corporate Fakel Festival awarded in Sochi

Release May 16, 2019, 22:00 The final round of the 8th corporate Fakel Festival run by Gazprom came to a close in Krasnaya Polyana, Sochi. Taking part in the Festival were delegations representing 39 subsidiaries of Gazprom from Russia, Belarus, and Kyrgyzstan, together with performers from CNPC (China). The total number of participants exceeded 1,600. The event was attended by foreign colleagues from Gazprom’s partner…

PhosAgro 1Q 2019 EBITDA Grows 73% YoY to RUB 24.8 bln

Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its consolidated IFRS financial results for the three months (1Q) ended 31 March 2019.  Revenue for 1Q 2019 rose by 32% year-on-year to RUB 72.3 billion (USD 1.1 billion). EBITDA increased by…

PhosAgro Board Approves Committee on Sustainable Development and Recommends Dividends

Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment in the amount of RUB 9.3 billion, or RUB 72 per ordinary share (RUB 24 per Global Depositary Receipt)…

Economic Impact of Activities of Rosneft United Research and Development Centre Evaluated to Exceed 150 Billion Roubles

Rosneft Oil Company reviewed the results of the Rosneft United Research and Development Centre (RN-RDC). Since its foundation in 2016, RN-RDC has become Europe’s largest scientific oil and gas centre, the amount of work performed using its own resources has increased more than 2 times. At the moment, it includes 32 design and research institutes,…

Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development Press Conference held

Watch Press Conference Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 14, 2019, 02:30 pm (Moscow time) Participants: Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Oleg Aksyutin, Deputy Chairman of the Management Committee, Head of Department, Gazprom; Sergey Menshikov, Member of the Management Committee, Head of Department, Gazprom; Vyacheslav Mikhalenko, Member…

The consortium of ROSATOM enterprises won a tender to extract nuclear fuel at Fukushima NPP (Japan)

In April 2019, TENEX together with JSC “SSC RIAR” and FSUE “PA “Mayak” won the tender for the “Development of Technologies for Retrieving Fuel Debris and Internal Structures (Development for Dust Collection System of Fuel Debris)” project which consists of research works on development of a system to collect the dust generated during the processing…

Final round of 8th corporate Fakel Festival opens in Sochi

Release May 12, 2019, 20:00 The opening ceremony for the final round of Gazprom’s 8th corporate Fakel Festival took place in Krasnaya Polyana, Sochi. The event brought together over 1,600 people representing 40 delegations from Russia, Belarus, Kyrgyzstan, and China. The Festival’s guests include delegations from Bolivia, France, Germany, Uzbekistan, and Vietnam. Over the course of three days, contestants…

Severstal aouces sale of Mii-Mill Balakovo

May 6, 2019 PAO Severstal (the “Company”) one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it has entered into a definitive agreement with Abinsk Electric Steel Works LTD for the sale of Mini-Mill Balakovo. The consideration of the transaction will be $215 million. The transaction is expected to complete…

The second Novovoronezh NPP-2 power block delivers its first megawatts into the Unified Energy System of Russia

On May 1, 2018, the power startup of the Novovoronezh NPP-2 (Novovoronezh city, the Voronezh Region, an affiliate of the Rosenergoatom Joint-Stock Company, a part of the Electric Power Division of the Rosatom State corporation) 2nd power block took place. The innovative 3+ generation VVER-1200 power block was synchronized with the grid and achieved the…

Notice on holding the Annual General Meeting of Shareholders of PJSC PhosAgro

PJSC PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, hereby informs / notifies its shareholders that the Annual General Meeting of Shareholders is to be held on 24 May 2019, Form of the Extraordinary General Meeting: joint attendance of shareholders for discussion of the agenda…

Children of Gazprom Transgaz Nizhny Novgorod employees awarded at national arts festival

News from projects and regions April 30, 2019, 15:10 On April 21, the 19th Plasticine Crow National Children’s Arts Festival concluded in Saransk with a big gala concert. The team of the Torbeyevskoye Gas Pipeline Operation Center, branch of Gazprom Transgaz Nizhny Novgorod, had taken part in the festival. The final round of the competition included 54 concert numbers by young performers aged between…

Employees of Gazprom Transgaz Tchaikovsky take part in Green Spring environmental cleanup

News from projects and regions April 29, 2019, 18:00 Photos On April 24 and 26, employees of the head office and branches of Gazprom Transgaz Tchaikovsky carried out a number of cleanup actions in Tchaikovsky as part of the Green Spring countrywide environmental cleanup. The cleanup was kicked off by the employees of the company’s culture and sports center. They cleaned Tchaikovsky Square, Sportivnaya Street, and…

Gazprom Transgaz Makhachkala wraps up 9th Spartakiada Games

Background Gazprom Transgaz Makhachkala is a wholly-owned subsidiary of Gazprom. It delivers gas to consumers in the Republic of Dagestan and other regions of the North Caucasus Federal District, as well as to Transcaucasian countries. The total amount of gas transmitted by the company annually exceeds 7 billion cubic meters. The company has 12 branches, including five gas pipeline operation centers, the Emergency Response and Repair Directorate, the Engineering & Technical Center, the…

ASE EC JSC has been assigned “Acknowledged Excellence” level of European Foundation for Quality Management (EFQM)

ASE EC JSC (Engineering Division of ROSATOM) has been assigned the “Acknowledged Excellence” level by the accessors of European Foundation for Quality Management (EFQM).  The certificate confirming the highest (5 star) level according to the criteria of Excellence Model of European Foundation for Quality Management (EFQM) was awarded today by Nikolay Akatov, the leading assessor…

PhosAgro 1Q 2019 Fertilizer Sales Rise by 5.2% y-o-y to 2.5 mln t

Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, increased fertilizer production volumes by 1.2% year-on-year to 2.3 million tonnes in 1Q 2019. Sales volumes for the same period grew by 5.2% year-on-year to 2.5 million tonnes.  PhosAgro’s production and sales volumes are summarised in the tables below.…

Rosatom supplied a large batch of germanium-76 isotope to Germany for the LEGEND international research project

A large consignment of germanium-76 isotope has been shipped to Germany under the contract between Isotope JSC and the Technical University of Munich. The batch was produced by PA Electrochemical Plant JSC (ECP, Zelenogorsk, Krasnoyarsk region; an enterprise of TVEL Fuel Company of Rosatom). Germanium-76 has been supplied for the joint international research collaboration LEGEND…

Gazprom and CNPC discuss pipeline gas supplies to China

Release April 25, 2019, 15:35 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today in Beijing, China. The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that…

Delegation from Japan visited Novovoronezh NPP

Takuya Hattori, senior advisor of Japan Atomic Industrial Forum, and also member of the International Expert Council of Rosatom visited Novovoronezh NPP. He was accompanied by representatives of Japanese companies related to nuclear power.  Guests visited the Education and Training Center (ETC), the Main Control Room (MCR), the Turbine Hall of Unit №6. According to…

Gazprom to start building inter-settlement gas pipeline to Vostochny Cosmodrome in near future

Release April 24, 2019, 16:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasily Orlov, Governor of the Amur Region, took place today in Moscow. It was noted that the Amur Region is an area of strategic interest for Gazprom, as the Power of Siberia gas pipeline passes through its territory. The pipeline will start delivering gas supplies from Russia to China on December 1,…

Gazprom and VNG discuss development of Katharina UGS facility and sci-tech cooperation

Release April 24, 2019, 16:20 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place today in Moscow. The parties discussed their ongoing and future cooperation, in particular the interaction in the field of underground gas storage (UGS) in Germany. It was noted that the joint project for the development of the…

Alexey Miller and German Ambassador Ruediger von Fritsch review progress of Nord Stream 2 project

Release April 24, 2019, 15:30 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ruediger von Fritsch, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Russian Federation, took place today in Moscow. The parties discussed issues related to cooperation in the gas sector. It was noted that Germany is the largest importer of Russian gas in the world. In 2018, Gazprom’s…

Joint Russia IAEA-NEM School for Managers in Nuclear Organizations concluded in Sochi

The joint Russia-IAEA Nuclear Energy Management School for Managers in Nuclear Organizations concluded in Sochi on  April 19. The objective of the NEM School was to support middle-level managers and decision-makers in the nuclear sector in enhancing managerial and technical competencies that are essential for establishing or expanding national nuclear energy programmes. This year hit…

World’s only floating nuclear power unit to begin commercial operations in Russia

Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…

World’s only floating nuclear power unit to begin commercial operations in Russia

Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…

Figure skating competition backed by Gazprom Dobycha Shelf Yuzhno-Sakhalinsk held in Sakhalin Region

Background Gazprom Dobycha Shelf Yuzhno-Sakhalinsk is a wholly-owned subsidiary of Gazprom focused on developing fields within the Kirinsky block, including the Kirinskoye and Yuzhno-Kirinskoye fields, as part of the Eastern Gas Program. By developing these reserves, the company will make a substantial contribution to meeting the energy demand of Russia’s Far East and creating opportunities for natural gas exports to Asia-Pacific. A subsea production system is used for the…

Kovyktinskoye field right on track for commercial production

Release April 22, 2019, 15:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place today in St. Petersburg. The parties highlighted the strategic nature of the ongoing cooperation. Gazprom continues to make extensive efforts in the region to shape the Irkutsk gas production center on the basis of the Kovyktinskoye field. Work is proceeding on schedule…

ROSATOM, WorldSkills Russia and BCG join forces to help solve urgent ‘skills gap’ issue

15th April 2019, Sochi, Russia – During the 11th Atomexpo International Forum, ROSATOM  unveiled the new “Mission: Talent” initiative together with its partners, WorldSkills Russia and BCG, aimed at dealing with one of the most pressing issues of our time: the growing skills gap and talent deficit. As part of the ‘Mission: Talent’ initiative, the…

Rosneft took part in all-Russia ecological clean-up event Green Spring

Rosneft took part in all-Russia ecological clean-up event Green Spring.  The opening ceremony took place in Sokolniki Park in Moscow. As part of the event, the Company employees planted young birch trees and painted a children’s playground. Green Spring is an annual project implemented by Nongovernmental Ecological Foundation named after V.I. Vernadskiy and All-Russian Society…

Severstal reports Q1 2019 fiacial results

April 22, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q1 2019 financial results for the period ended 31 March 2019. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 MARCH 2019 $ million, unless otherwise stated Q1 2019 Q4 2018 Change, % Q1…

Gazprom and Shell praise Sakhalin Energy

Справка Royal Dutch Shell is a British-Dutch oil and gas holding company focused on hydrocarbon production, processing and marketing in more than 70 countries. Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia’s first LNG plant. The project operator of Sakhalin II is Sakhalin Energy (Gazprom – 50 per cent plus one share, Shell – 27.5 per cent minus one share, Mitsui – 12.5 per cent,…

ROSATOM and Cuba to collaborate in nuclear energy skills development for peaceful use

16th April 2019, Sochi – ROSATOM and Cuba’s Ministry of Science, Technology and Environment, have signed a memorandum of cooperation education and training in the field of nuclear energy on the sidelines of the 11th ATOMEXPO International Forum. The memorandum was signed by the Deputy Director General For International Relations of ROSATOM, Nikolay Spassky, and…

The Board Recommeds Divided Paymet

April 18, 2019 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 dividend of 35.43 roubles per share for the three months ended 31 March 2019. Approval of the dividend is expected at the Company’s EGM…

PJSC ZIO-PODOLSK and Hitachi Zosen Inova AG (Switzerland) have signed Consortium Agreement

PJSC ZiO-Podolsk (subsidiary of Atomenergomash, Manufacturing Division of ROSATOM) and Hitachi Zosen Inova AG (Switzerland) signed the Consortium agreement for cooperation in the area of waste-to-energy recycling plants construction. The agreement was signed at the XI International Forum Atomexpo in city of Sochi. The parties agreed to set up a consortium with the purpose to…

The ATR AES Fund and the Control, Information, and Regional Development Organization have signed a Memorandum of Cooperation during the ATOMEXPO-2019

On April 16, 2019, during the XI International ATOMEXPO-2019 Forum held in Sochi, a Memorandum of Cooperation has been signed between the Fund for municipal corporations advancement ‘The Association of the nuclear power plants locations’ (ATR AES, Russia) and the Control, Information and Regional Development Organization (TEIT, Hungary). On behalf of the ATR AES, the…

Rosenergoatom is ready to advise the novice countries on any aspects related to safe and reliable NPP operation jointly with the WANO

The Rosenergoatom Joint-Stock Company (a part of the Electric Power Division of ROSATOM) is ready to support the novice countries on any aspects related to safe and reliable NPP operation jointly with the World Association of Nuclear Operators (WANO). This statement was made by Oleg Chernikov, the First Deputy Director of NPP production and operation…

CNIITMASH, AEM and TAPROGGE GMBH (Germany) signed Cooperation Agreement

The Cooperation Agreement was signed between the State Research Center of the Russian Federation JSC “RPA “CNIITMASH” (belongs with JSC Atomenergomash, a machine-building division of ROSATOM), JSC Atomenergomash and TAPROGGE GmbH (Germany) at the venue of Atomexpo Forum on the 15th of April. The document was signed by Victor Orlov, General Director of CNIIT-MASH, Alexander…

SNIIP, Atomenergomash and Elkon Elektrik of Turkey have signed Memorandum on Strategic Cooperation

On April 15, 2019, Memorandum on Strategic Cooperation and Joint Activities between JSC Atomenergomash, JSC SNIIP and Elkon Elektrik (Turkey) was signed at the XI International Forum ATOMEXPO-2019. According to the document, the parties plan to develop cooperation to implement joint projects for the localization of the production of certain types of marine electric and…

Rosatom Technical Academy and “Uzatom” Agency Signed an Agreement of Intent in the Field of Nuclear Education

On April 16, within the framework of the XIth International Forum “ATOMEXPO-2019” in Sochi, the agreement of intent was signed between the Rosatom Technical Academy and the Agency for the Development of Nuclear Energy under the Ministry of Energy of the Republic of Uzbekistan (“Uzatom” Agency). The agreement was signed by the Rector of the…

Energy Delta Institute’s training programs fostering competencies for successful implementation of international projects

Release April 16, 2019, 16:25 The 18th meeting of the International Supervisory Board (ISB) of Energy Delta Institute (EDI) and EDI’s annual International Partner Meeting under the theme “The Role of Natural Gas in the Energy Transition” were held in St. Petersburg. Taking part in the ISB meeting were Sergey Khomyakov, Deputy Chairman of the Gazprom Management Committee, Han Fennema, CEO and Chairman…

Atomenergomash and Petroleum Projects and Technical Consultations Company (PETROJET) signed a Memorandum of Understanding

On 16th of April Rosatom Engineering Division – JSC Atomenergomash concluded a memorandum of understanding with the Petroleum Projects and Technical Consultations Company (PETROJET), one of the leading EPC companies in the Middle East and Africa. The document was signed during the XI Atomexpo International Forum. “The signing of the memorandum is an important step…

The construction of the 2nd innovative VVER-TOI power block at the Kursk NPP-2 site has started ahead of schedule

On April 15, 2019 the team placed the first cubic meter of concrete at the construction site for the replacing Kursk NPP-2 (an affiliate of the Rosenergoatom Joint-Stock Company, a part of the Electric Power Division of ROSATOM), which marked the start of concreting the 2nd power block’s reactor building foundation. This means that the…

TVEL Fuel Company of Rosatom and IDOM Consulting (Spain) signed a Memorandum of Understanding

On April 16, 2019, at the 11th ATOMEXPO International Forum 2019, TVEL Fuel Company of Rosatom and IDOM Consulting, Engineering, Architecture S.A.U., Spain, signed a Memorandum of Understanding.  The document was signed by Konstantin Tulupov, Vice President for Business Development of TVEL JSC, and Javier Ruiz Morin, Nuclear Services Director of IDOM.  The parties intend…

At the 1ATOMEXPO 2019 the Rosatom Corporate Academy held a roundtable discussion entitled “Next Generation Nuclear: A Partnership for Development”

At the 11th ATOMEXPO 2019 International Forum, the Rosatom Corporate Academy held a roundtable discussion entitled “Next Generation Nuclear: A Partnership for Development”. Providing nuclear industry enterprises with qualified personnel is crucial for the efficient and safe functioning of the industry. The roundtable experts representing the European Nuclear Education Network, ITER Organization, the International Youth…

At the ATOMEXPO 2019 the Rosatom Corporate Academy held a roundtable discussion entitled “Next Generation Nuclear: A Partnership for Development”

At the 11th ATOMEXPO 2019 International Forum, the Rosatom Corporate Academy held a roundtable discussion entitled “Next Generation Nuclear: A Partnership for Development”. Providing nuclear industry enterprises with qualified personnel is crucial for the efficient and safe functioning of the industry. The roundtable experts representing the European Nuclear Education Network, ITER Organization, the International Youth…