PhosAgro 4Q18 EBITDA grows 51% YoY to RUB 18.6 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 (4Q) and 12 months (FY) ended 31 December 2018.  Revenue in 4Q 2018 rose by 30% year-on-year to RUB 59.4 billion (USD 893…

Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula

Release March 20, 2019, 12:45 Photos A ceremony was held today in the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field. Attending the event were Alexey Miller, Chairman of the Gazprom Management Committee, Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Area, and heads of Gazprom’s relevant subdivisions and subsidiaries. Vladimir Putin addressed the event participants in his opening speech via a conference call. The Kharasaveyskoye…

Severstal lauches SteelTech Accelerator with Global Veture Alliace

March 20, 2019 PJSC Severstal and Global Venture Alliance (GVA) announce the launch of Severstal SteelTech Accelerator – Russia’s first full-scale industrial accelerator for start-ups in the metallurgical industry. Severstal SteelTech Accelerator’s main goal is to find innovative solutions in the industrial sector which can be successfully integrated into Severstal’s production cycle. The window for…

NGV fuel becoming increasingly popular in Russia

Release March 19, 2019, 19:40 The Gazprom Board of Directors took note of the information about the work being done by the Company to promote natural gas (methane) as a vehicle fuel. It was stressed that wider use of NGV fuel was one of Gazprom’s strategic thrusts in the domestic market. The Company is involved in the NGV refueling infrastructure development, cooperates with manufacturers of natural gas-powered machinery and refueling…

Board of Directors reviews progress of major investment projects

Release March 19, 2019, 19:35 The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects. One the Company’s current priorities is the Eastern Gas Program. Gazprom is gearing up for the launch of pipeline gas supplies to China that is scheduled for December 1, 2019. The work on the Power of Siberia pipeline is ahead of schedule. At present, the construction of the pipeline between Yakutia and the…

Alexey Miller and President of Serbia Aleksandar Vucic discuss main areas of cooperation

Release March 19, 2019, 12:20 A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Serbia today. As part of the visit, Alexey Miller met with Aleksandar Vucic, President of the Republic of Serbia, in Belgrade. The parties discussed the main areas of their cooperation, focusing, in particular, on the beginning of the construction of the Pancevo TPP which is going to become the first combined cycle…

Alexey Miller and Francois Fillon discuss current trends in European gas market

Release March 15, 2019, 18:50 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Francois Fillon, French politician, took place today in St. Petersburg. The parties touched upon the current trends in the French and European gas markets, while also highlighting the successful operation of the Nord Stream gas pipeline and the importance of the Nord Stream 2 gas pipeline construction for…

Demand for Russian gas in France continues to grow

March 15, 2019, 18:45 A working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom, and Isabelle Kocher, CEO of ENGIE, took place in St. Petersburg today. Through their respective representants, Gazprom and ENGIE discussed current Russian gas supplies to France. By the end of 2018, Gazprom increased gas exports to the Republic on 5.4% compared with 2017 – to 12.9 billion cubic meters. At the beginning…

“Treasures from the Palace Museum” exhibition opens in Moscow with support of Gazprom

Release March 14, 2019, 19:15 Photos An exhibition entitled “Treasures from the Palace Museum: The Flourishing of China in the 18th Century” opened today at the Moscow Kremlin Museums. The exhibition was organized with the support of Gazprom. The opening ceremony was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Olga Golodets, Deputy Prime Minister of the Russian Federation, Mikhail Shvydkoy,…

Gazprom and Uniper discuss ongoing cooperation

Background Uniper SE is an energy company focused on natural gas, power generation, and global energy trading. Gazprom and Uniper cooperate in gas supplies and transportation abroad and implement joint scientific & technical and social & cultural programs. Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic…

Alexey Miller briefs Vladimir Putin on Gazprom’s activities in 2018 and plans for 2019

Release March 12, 2019, 19:00 A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller briefed Vladimir Putin on the Company’s main accomplishments in 2018 and its plans for 2019, paying particular attention to the Program for gas infrastructure expansion in Russian regions. Gazprom website Editorial Board Shorthand record…

Vyacheslav Tyurin put in charge of Gazprom Invest

Release March 11, 2019, 18:05 Vyacheslav Tyurin has been appointed Director General of Gazprom Invest. Vyacheslav Tyurin was born in 1960 in Kamensk-Uralsky, Sverdlovsk Region. He graduated from Kirov Ural Polytechnic Institute. In 1991–1999, he held managerial positions at commercial entities based in Nizhnevartovsk and Moscow. In 1999–2002, he served as Director General of SG-Trans at the Ministry of Energy of the Russian Federation. He has been part of Gazprom’s team for…

Rosatom and AKKUYU NUCLEAR held a workshop for suppliers of the Akkuyu NPP project in the framework of the VI International Nuclear Power Plants Summit in Istanbul

A workshop for suppliers of the Akkuyu NPP project organized by Rosatom and AKKUYU NUCLEAR JSC project company was held on March 5, 2019 in Istanbul in the framework of the VI International Nuclear Power Plants Summit (INPPS Expo). Mr. İbrahim Halil Dere, Nuclear Energy General Director in Ministry of Energy and Natural Resources of…

Rosneft Develops Unique Technical Oil

Specialists of Rosneft United Research and Development Centre (part of the corporate R&D complex of Rosneft) together with LLC RN-Lubricants (a subsidiary of Rosneft) have developed and patented a method of production of green technical oil TDAE (Treatment Distillated Aromatic Extract) to use for production of synthetic rubbers, tyres and rubber products. Technological potential development…

Gazprom starts building thermal power plant in Serbia

Background The construction of the Pancevo TPP is carried out jointly by the Gazprom Energoholding Group and NIS a.d. Novi Sad (part of the Gazprom Neft Group). In June 2015, the companies signed a shareholders agreement to form a joint venture, Serbskaya Generaciya d.o.o. Novi Sad. The share of the Gazprom Energoholding Group in this company is 51 per cent and that of NIS a.d. Novi Sad is 49 per…

Gazprom’s gas supplies to Austria grow by 32.9 per cent in early 2019

Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate, among other things, on gas production, transportation and supplies. Since 2017, OMV has been partnering with Gazprom in the development of the Yuzhno-Russkoye oil, gas and condensate field. In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria.…

Gazprom Transgaz Yugorsk and Gazprom Transgaz Yekaterinburg declared winners at Gazprom Winter Spartakiada Games

Release March 5, 2019, 18:10 Photos The closing ceremony of the Gazprom Winter Spartakiada Games was held at the Uralochka competitive sports center in Yekaterinburg. The winners received congratulations from Sergey Khomyakov, Deputy Chairman of the Gazprom Management Committee, Alexey Kryukov, Director General of Gazprom Transgaz Yekaterinburg, and Vladimir Tortyshev, chief referee of the Spartakiada Games. First, second and third places in the…

Sergey Menshikov appointed Head of Department 307 at Gazprom

Release March 5, 2019, 17:05 Sergey Menshikov has been appointed Head of Department 307 at Gazprom, effective April 2, 2019. Sergey Menshikov was born in 1968 in Grozny. He graduated from Grozny Petroleum Institute, majoring in Machinery and Equipment at Oil & Gas Production Facilities, and received an additional degree in Oil and Gas Enterprise Management from the Gubkin Russian State University of Oil and…

ROSATOM and Rwanda will cooperate to develop human capital and public acceptance for nuclear energy program in Rwanda

On 28 February 2019, in Kigali, Rwanda, The State Atomic Energy Corporation Rosatom and the Ministry of Infrastructure of the Republic of Rwanda signed two memoranda of cooperation; on education and personnel training in the field of nuclear energy in Rwanda and on the formation of the positive public opinion on nuclear energy in the…

Gazprom’s 14th Investor Day held in Hong Kong and Singapore

Release February 28, 2019, 10:40 Photos Gazprom held its 14th annual Investor Day in Hong Kong (February 26) and Singapore (February 28). Taking part in the events were Andrey Kruglov, Deputy Chairman of the Gazprom Management Committee, Oleg Aksyutin, Member of the Management Committee and Head of Department at Gazprom, Elena Burmistrova, Director General of Gazprom Export, and representatives of the Company’s relevant subdivisions and…

Zvezda Shipyard Launches Construction of 3rd Aframax Tanker

Zvezda Shipbuilding Complex launched metal cutting for the third Aframax tanker with deadweight of 114,000 tonnes. The construction was started on the state-of-the-art flame unit in the hull production facility. The metal-cutting ceremony was attended by representatives of the customers, Rosnefteflot and State Transport Leasing Company, as well as Russian Maritime Register of Shipping, and…

Gazprom Winter Spartakiada Games open in Yekaterinburg

Release February 27, 2019, 19:30 The opening ceremony of the Gazprom Winter Spartakiada Games took place today at the Uralochka competitive sports center in Yekaterinburg. The gala event was attended by Vladimir Markov, Member of the Management Committee and Head of Department at Gazprom, Alexey Kryukov, Director General of Gazprom Transgaz Yekaterinburg, Leonid Rapoport, Minister for Culture and Sports of the Sverdlovsk Region, and…

Gazprom and Roscosmos sign updated roadmap for cooperation

Release February 27, 2019, 17:10 Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Rogozin, Director General of State Space Corporation Roscosmos, held today in Moscow a joint meeting on the prospects for further cooperation. The event was attended by heads of relevant subdivisions and subsidiaries of the Company and the state corporation. The cooperation between Gazprom and Roscosmos is strategic in nature. Specifically,…

Gazprom improving its industrial and environmental safety efforts

Release February 27, 2019, 09:45 The Gazprom Board of Directors expressed approval of the Company’s ongoing occupational, industrial and fire safety efforts and environmental protection measures. It was noted that the Company traditionally places great emphasis on these areas of work. Gazprom has an Occupational, Industrial and Fire Safety Policy. The Policy is based on the vertically-organized Integrated System of Industrial Safety Management, which applies to Gazprom and its 112 subsidiaries.…

Gazprom actively engaging domestic producers to achieve Company’s strategic goals

Release February 27, 2019, 09:40 The Gazprom Board of Directors took note of the information on the Company’s procurement policies with regard to working with domestic producers to meet Gazprom’s strategic goals for 2019. It was stressed that Gazprom’s procurement policies are in full accord with the current Russian legislation and internal regulatory documents. All things being equal, Gazprom prioritizes goods and services of Russian…

Gas grid coverage in rural areas grows 1.7-fold in 2005–2018, rising from 34.8 to 59.4 per cent

Release February 27, 2019, 09:35 The Gazprom Board of Directors reviewed and took note of the information on the Company’s efforts to expand gas infrastructure in rural areas. It was highlighted that gas infrastructure expansion in Russian regions is a priority for Gazprom. This ambitious and socially significant project aims to improve the quality of life in Russian regions and make them more attractive to investors. Gazprom’s activities in this regard are focused…

Sustaialytics raises Severstal’s ESG ratig

February 27, 2019 Sustainalytics, a leading independent global provider of ESG and corporate governance research and ratings to investors, has increased Severstal’s rating from 54 to 70 points (out of a possible 100) in 2018, placing the Company in 8th position out of 42 metallurgical companies from around the world. Sustainalytics also placed “Severstal” in…

Standard & Poor’s raises Outlook on PhosAgro to Stable, confirms ratings at investment-grade BBB-

Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that international credit ratings agency Standard & Poor’s (S&P) has confirmed PhosAgro’s rating at an investment-grade BBB- and raised its Outlook on the rating to Stable from Negative. In its report S&P notes that it expects recovering…

Rosneft Launches Unique Ice Research

As part of the agreement concluded at the Eastern Economic Forum 2018, Rosneft together with the Far East Federal University (FEFU) and the Arctic Research and Design Centre (subsidiary of Rosneft corporate Research and Development complex) launched the research of sheet sea ice structural behaviour. For the first time in the global science, ice-exploration is…

Gazprom delegation visits Serbia

Release February 20, 2019, 21:20 A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Serbia today. As part of the visit, a meeting between Alexey Miller and Aleksandar Vucic, President of the Republic of Serbia, took place in Belgrade. The parties discussed cooperation-related issues, noting in particular the growth in Russian gas exports to Serbia. According to preliminary data, between January 1 and…

Gerhard Schröder was informed about the latest developments in the business strategy of Rosneft Deutschland

Rosneft Chairman of the Board of Directors Gerhard Schroeder had a meeting with the management of Rosneft Deutschland GmbH in the company’s office in Berlin and got acquainted with business strategy of Rosneft Deutschland for 2019. During the meeting, representatives of Rosneft Deutschland management also reported on the first results of the company’s direct marketing…

PhosAgro-Region increases sales volumes by 7% in 2018 to 2.93 mln t.

Moscow — PhosAgro-Region* (PhosAgro Group), Russia’s largest mineral fertilizer distribution network, increased its total supply of mineral fertilisers to the Russian market by 7% in 2018, to 2.93 million tonnes. According to the Russian Association of Fertilizer Producers, PhosAgro Group is the largest distributor of mineral fertilizers for Russian farmers. The Russian market remains a priority for PhosAgro Group, accounting for 30% of sales, more than any of the…

ATOMEXPO-2019 to Feature Discussion on the Contribution of Nuclear Technologies to Sustainable Development

On April 15–16, 2019, Russia’s southern city of Sochi will host the 11th International Forum ATOMEXPO, dedicated to the advanced nuclear technologies’ contribution to the achievement of the UN Sustainable Development Goals. Within a decade, the forum has transformed itself from a Russian nuclear industry event with occasional participation of foreign partners into a global…

A delegation of the Organization for Economic Cooperation and Development’s Nuclear Energy Agency visited Russia

On February 15, 2019 a delegation of the Organization for Economic Cooperation and Development’s Nuclear Energy Agency (OECD/NEA) visited Russia. It was headed by the Agency’s Director General William Magwood IV. During the visit a framework agreement was signed on the Joint Initiative of OECD/NEA on nuclear education and staff training (NEST). From the Russian party…

A delegation of the Organization for Economic Cooperation and Development’s Nuclear Energy Agency visited Russia

On February 15, 2019 a delegation of the Organization for Economic Cooperation and Development’s Nuclear Energy Agency (OECD/NEA) visited Russia. It was headed by the Agency’s Director General William Magwood IV.  During the visit a framework agreement was signed on the Joint Initiative of OECD/NEA on nuclear education and staff training (NEST). From the Russian…

Gazprom Transgaz Ufa summarizes results of Breaking Barriers social project

News from projects and regions February 15, 2019, 17:15 Gazprom Transgaz Ufa, the Ministry of Family Affairs, Labor and Social Welfare of the Republic of Bashkortostan, and the Breaking Barriers Social Technologies Center looked back at the results of the eponymous inter-regional social project in 2018. It was the sixth consecutive year that this noble endeavor gathered together thousands of children with disabilities,…

Deputy Director General of ROSATOM Nikolai Spasskiy held negotiations in the Kyrgyz Republic

Extraordinary and Plenipotentiary Ambassador of the Russian Federation to the Kyrgyz Republic Andrei Krutko and Deputy Director General for International Relations of ROSATOM Nikolai Spasskiy February 13, 2019 held negotiations with Minister of Emergency Situations of the Kyrgyz Republic Nurbolot Mirzahmedov and met First Vice Prime Minister of the Kyrgyz Republic Kubatbek Boronov. Director for…

Gazprom and CNPC discuss planned supplies of Russian gas to China

Release February 15, 2019, 13:45 A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to China today. As part of the visit, a meeting between Alexey Miller and Wang Yilin, Chairman of the Board of Directors of CNPC, took place in Beijing. The parties reviewed a wide range of issues related to cooperation between the companies, focusing on the ongoing preparations for the…

Rusatom Healthcare and GE Healthcare approved the plan for localization of advanced technologies for nuclear medicine in Russia

Sochi, Russia, February 14, 2019 – On the sidelines of the Russian Investment Forum ROSATOM’s company – JSC Rusatom Healthcare (an integrator in the field of radiation technologies in medicine and industry) – and GE Healthcare signed a roadmap to create local productions of high-technology medical equipment to cater growing need of residents of Russia’s…

NovaWind JSC will invest 955 million rubles in the construction of a wind turbine manufacturing plant in Volgodonsk (Russia)

Today, at the Russian Investment Forum in Sochi, the Ministry for Industry and Trade of the Russian Federation, NovaWind JSC (the ROSATOM division responsible for renewable energy industry projects) and Red Wind B.V., a Russian-Dutch joint venture, have signed a Special Investment Contract (the SPIC) to implement the investment pro-ject for creating a manufacturing facility…

Contract signed with Almaz-Antey Corporation for batch manufacturing of subsea production equipment

Release February 14, 2019, 17:35 Alexey Miller, Chairman of the Gazprom Management Committee, and Yan Novikov, Chairman of the Management Board, Director General of the Almaz-Antey Corporation, today at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount equal to guaranteed future purchases. According to the document, the Corporation will set up the batch manufacturing and…