Protocol signed on pricing procedure for gas supplies to Belarus until 2022

December 24, 2020, 19:43 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, Minister of Energy of the Republic of Belarus, took place today in St. Petersburg. Alexey Miller and Viktor Karankevich signed the Protocol between Gazprom and the Government of the Republic of Belarus…

Natural gas demand poised for long-term growth

December 23, 2020, 09:50 The Gazprom Board of Directors took note of the information concerning the impacts of the events of 2020 on the long-term outlook for the global energy market. The most significant development of the year, including in the energy market, has been the new coronavirus pandemic. At the same time, the pandemic’s impact on the global gas market has been quite limited. According…

Gas supply and gas infrastructure expansion programs for 2021–2025 signed with 67 Russian regions

December 23, 2020, 09:40 The Gazprom Board of Directors took note of the information about the ongoing implementation of the Company’s programs aimed at expanding gas supplies and gas infrastructure in Russian constituent entities, synchronization with regional programs for converting housing and utilities, industries and other entities to gas, as well as extension of gas grid coverage in the Krasnoyarsk Territory. It was highlighted that the creation of gas supply infrastructure…

Gazprom moving forward with its LNG projects

December 23, 2020, 09:30 The Gazprom Board of Directors took note of the information about the ongoing implementation of the liquefied natural gas (LNG) production and supply projects. It was highlighted that the new coronavirus pandemic has had a negative impact on the long-term outlook for the global LNG industry, and the forecast for the commissioning of LNG production capacities worldwide has been revised downwards. Nevertheless,…

Appropriate response to challenges. Interview by Famil Sadygov with corporate Gazprom Magazine

By using project financing methods, Gazprom diversifies its loan sources and improves the efficiency and transparency of its key investment projects further. We plan to expand our project financing activities. It should be pointed out that our project financing transactions are very advanced: for instance, the project financing deal for the construction of the Amur Gas Processing Plant (GPP) has received recognition…

Gazprom Board of Directors approves investment program and budget for 2021

December 22, 2020, 18:00 Gazprom’s overall amount of investments for 2021: RUB 902.413 billion. This budget will provide for a full coverage of Gazprom’s liabilities without a deficit. The Gazprom Board of Directors took note of the Company’s preliminary operating results for 2020 and the projected investment program and budget (financial plan) for 2022–2023. In addition, the Board of Directors approved the investment program and budget (financial…

Gazprom and LUKOIL sign Master Agreement to develop two fields in Nenets Autonomous Area

December 21, 2020, 15:45 Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the development of the Vaneyvisskoye and Layavozhskoye subsurface areas in the Nenets Autonomous Area. The signing ceremony was also attended by Yury Bezdudny, Governor of the Nenets Autonomous Area. The document, which builds on the Agreement signed at the…

Eighth sports and health center built in Leningrad Region under Gazprom for Children program opens its doors

December 21, 2020, 14:30 The sports complex was inaugurated in Svetogorsk. The complex was built in less than a year to the highest standards. The ninth sports and health center, which is located in Tikhvin, is 95 per cent complete. Alexey Miller, Chairman of the Gazprom Management Committee, and Alexander Drozdenko, Governor of the Leningrad Region, today took part in the opening ceremony for a sports and…

Basic Design documentation for Hanhikivi-1 NPP (Finland) submitted by ROSATOM to Fennovoima Oy

December 21, 2020, Helsinki. – RAOS Project Oy (part of ROSATOM), the plant supplier of Hanhikivi-1 NPP, has submitted the Basic Design Stage 1 documentation package containing technical solutions description to Fennovoima Oy, the NPP Customer. The package has been reviewed by Fennovoima’s specialists and conditionally accepted for further work. The Basic Design Stage 1…

Progress of Amur GPP construction project reaches 70.5 per cent

December 17, 2020, 20:00 The Gazprom Management Committee took note of the information about the progress of the Amur Gas Processing Plant (GPP) construction project. It was noted that the active phase of construction and installation operations is in full swing at the site of the future enterprise, with over 30,000 workers and engineers engaged in the operations. As of today, the project’s readiness is at 70.5 per cent. The recruitment process for…

Negotiations continue on gas supply conditions for Belarus from January 1, 2021

December 16, 2020, 16:30 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 Karankevich, Minister of Energy of the Republic of Belarus, took place today in St. Petersburg. The parties discussed the conditions of Russian gas supplies to and gas transportation across Belarus starting from January…

Gazprom promoting breakthrough ideas in energy sector

December 14, 2020, 15:15 The Global Energy Association, an international organization co-founded by Gazprom, presented its first annual report “Ten Breakthrough Ideas in Energy for the Next 10 Years” written by academics from Russia, the United Kingdom, Italy, and Iran. The report outlines the key ideas of studies aimed at reducing the carbon footprint of energy industries, including by developing energy efficiency and energy conservation practices.…

Energy of Victories marks its 10th anniversary

December 14, 2020, 12:45 The awarding of the winners and laureates of the 10thEnergy of Victories national sports journalism festival contest, organized by the Russian Olympic Committee and the Federation of Sports Journalists of Russia with the backing of Gazprom, took place on December 11 in Moscow. The winners of the 10th Energy of Victories national sports journalism festival contest are as follows: Best Article (federal media): 1st…

Management Committee approves Gazprom’s tax policy framework for 2021–2023

December 10, 2020, 16:50 The Gazprom Management Committee approved the Company’s tax policy framework for the year 2021 and the 2022–2023 planning period. One of the key objectives of the tax policy is to continue the gradual transition to tax monitoring at the companies of the Gazprom Group. It was noted that the online interactions with the Federal Taxation Service have proven highly effective. As of today, seven subsidiaries…

Winners of corporate occupational health and safety contest awarded

December 10, 2020, 16:45 The winners of the occupational health and safety management contest for the subsidiaries of Gazprom in 2017–2019 were awarded at the meeting of the Company’s Management Committee. Among the gas production, processing and storage subsidiaries, Gazprom Dobycha Astrakhan emerged as the winner, Gazprom UGS took second place, and Gazprom Dobycha Urengoy won third place. Among the gas transportation…

Innovative program for geological exploration project management wins top Science and Technology Prize

December 10, 2020, 16:40 The award ceremony for the 2020 edition of Gazprom’s Science and Technology Prize took place at the meeting of the Company’s Management Committee. The paper entitled “Creating and implementing innovative analytics software tools for the assessment, shaping and effective management of geological exploration projects and portfolios at the licensed areas of the Gazprom Group” by NIIgazeconomika won the top prize at the…

Gazprom International Children’s social programme Football for Friendship unites children from over 100 countries and sets new Guinness World Records™ title

December 10, 2020, 14:45 The Eighth Season of the Gazprom International Children’s Social Programme Football for Friendship has finished. This season, the first-ever Football for Friendship eWorld Championship united young athletes from 104 countries. Over 1 million people participated in the events of the Eighth Season.  “Uniting friends – uniting the world” is the slogan of the Gazprom International Children’s Social Programme Football for…

Gazprom Transgaz Surgut creating reserve of key personnel immune to coronavirus

News from projects and regions December 9, 2020, 19:10 Gazprom Transgaz Surgut is taking additional measures to prevent the spread of the new coronavirus infection. The measures involve the key personnel of the gas transmission company’s units and services who are essential to the continuity and reliability of the production process. The restrictions on access to the company’s facilities and the workplaces of the…

NovaWind JSC starts supplying wind power to one of the PJSC SIBUR Holding production facilities

VetroSGC JSC (part of NovaWind, the ROSATOM division for wind power) and SiburEnergoManagement signed an agreement to supply power to BIAXPLEN Ltd. (part of PJSC SIBUR Holding) for BOPP film production facility in Novokuybyshevsk (Samara Region). Electricity will be supplied from the Adygeya Wind Farm. The task for the supplier and the consumer at this…

ROSATOM discussed how to achieve SDGs during Global Impact Conference 2020 “Energy of Impact”

On 1-2 December the first online Global Impact Conference 2020 “Energy for Impact” was organized in partnership with ROSATOM, the Higher School of Economics and Forbes. The event brought together over 85 experts from 26 countries, representing global corporations, state institutions and NGOs. Conference participants discussed new partnerships with a view to develop human capital…

First session of the Board for Sustainable Business Development, Corporate Social Responsibility and Voluntary Service of TPP of Russia was held

On December 2, the first session of the Board for Sustainable Business Development, Corporate Social Responsibility and Voluntary Service of the Trade and Commerce Chamber of Russia (TPP of Russia) was held. The event was on-line in the frame of the international forum Global Impact Conference 2020. The Board included representatives of large businesses, governmental…

NovaWind JSC wins a contract for 192,5 MW capacity as part of investment project selection

NovaWind JSC (ROSATOM division for wind power) wins a contract for 192,5 MW capacity as part of investment project selection. This project selection was final under the first RES Capacity Supply Agreement program. The VetroSGC-2 applications totalling 192,5 MW (VetroSGC-2 JSC is part of NovaWind JSC) were selected under the investment project tender for the…

Nuclear building permit for the Paks II NPP (Hungary) expected by autumn 2021

On October 3, 2020 during the working visit to Budapest (Hungary) ROSATOM Director General Alexei Likhachev met with Hungary’s Prime Minister, Viktor Orb?n. Present on the Russian side was ROSATOM Advisor to the Director General Alexander Merten along with the Russian Federation’s Ambassador in Budapest Vladimir Sergeev, while the Hungarian side was also represented by…

Photo Essay. Power of Siberia: inside look

December 2, 2020 A full year has passed since the ceremonial launch of the Power of Siberia gas pipeline. The pipeline is more than an artery for transporting the “blue fuel.” The project was conceived and is being implemented as a key part of the Eastern Gas Program, whose main goals are to create a gas industry and foster economic growth in Eastern Siberia and Russia’s Far East, to expand gas infrastructure to establish a new export…

ROSATOM made it into the top ten of rating of Russian companies in sustainable development by RAEX-Europe agency

The state-owned corporation “Rosatom” has made it into the top ten of rating of Russian companies in sustainable development which is combined by the rating agency RAEX-Europe. The rating results were presented on December 2. ROSATOM was inside TOP-10 winning the final 8th place. The corporation won the highest fifth place in governance (G), one…

Power of Siberia’s first year: reliable operation, increased supplies, above-target amounts

December 2, 2020, 15:15 December 2 marks a year since the start of first-ever pipeline supplies of Russian gas to China – via the Power of Siberia gas trunkline from the Chayandinskoye field. At present, Gazprom keeps ramping up its gas exports to China via Power of Siberia. For a second consecutive month, gas is being supplied in excess of the planned amounts as requested by the Chinese party. Specifically, the aggregate amount of gas supplied…

Gazprom’s financial information under International Financial Reporting Standards (IFRS) for the nine months ended September 30, 2020

November 30, 2020, 10:00 IFRS results 2020 Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the nine months ended September 30, 2020. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the nine months ended September…

Management Committee reviews progress of gas supply and gas infrastructure expansion in Russian regions

November 26, 2020, 15:50 The Gazprom Management Committee took note of the information about the ongoing implementation of the Company’s programs aimed at expanding gas supplies and gas infrastructure in Russian constituent entities, synchronization with regional programs for converting housing, utilities, industries and other entities to gas, and extension of gas grid coverage in the Krasnoyarsk Territory. It was highlighted that the creation of gas supply infrastructure for…

Gazprom Management Committee endorses drafts of investment program and budget for 2021

November 26, 2020, 13:50 Gazprom’s overall amount of investments for 2021: RUB 902.413 billion. Gazprom’s borrowings for 2021: RUB 511.626 billion. Final investment program and budget to be approved by the Gazprom Board of Directors. The Gazprom Management Committee took note of the Company’s preliminary operating results for 2020 and the projected investment program and budget (financial plan) for 2022–2023. The Management Committee also endorsed the…

Russia sets up National Quantum Lab

Moscow, November 25, 2020 – The establishment of a new national project – the National Quantum Laboratory (NQL) – has been announced. The consortium created under the auspices of ROSATOM is going to adopt the international best practices and unite efforts and resources of key universities, research centers, technological companies, financial organizations, start-ups, and development…

Deputy Director General of ROSATOM Nikolai Spasskiy had a meeting with Ambassador of the Kingdom of Bahrain to the Russian Federation A. A. Al Saati

On November 25, 2020, Deputy Director General for International Activity of ROSATOM Nikolai Spasskiy had a meeting with Extraordinary and Plenipotentiary Ambassador of the Kingdom of Bahrain to the Russian Federation A. A. Al Saati at the request of the Bahrain party.  During the meeting, the parties discussed prospects of closer cooperation between ROSATOM and…

Digital technologies prove to be important tool in achieving Gazprom’s strategic goals

November 25, 2020, 10:10 The Gazprom Board of Directors took note of the information on the projects being designed and implemented for the widespread adoption of digital technologies and other technological solutions. It was highlighted that the introduction of digital technologies is an important tool to improve the effectiveness of corporate governance and achieve the strategic goals of the Gazprom Group. Today, the Company is at the final stage of automating its core…

Gazprom planning to bring gas to some 3,500 rural communities by 2026

November 25, 2020, 10:00 The Gazprom Board of Directors 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 an essential social project on a national scale. The project aims to facilitate the development of Russian constituent entities and improve the quality of life for the population. The top priority in this line of work is gas expansion…

Board of Directors discusses impacts of 2020’s events on prospects of shale gas and LNG sectors

November 25, 2020, 09:50 Decline in gas production growth rates expected in the U.S. shale industry. Slowdown in the LNG sector may have negative implications for its long-term development prospects. LNG produced in Russia could be useful for entering new gas sales markets. The Gazprom Board of Directors took note of the information about the growth prospects of the shale gas and liquefied natural gas (LNG) industries across…

ROSATOM and the Democratic Republic of the Congo will devel workforce capacity and make efforts to create a positive public opinion on nuclear energy

On November 19, 2020, in Moscow, the Ministry of Scientific Research and Technological Innovation of the Democratic Republic of the Congo and ROSATOM signed 2 memorandums: a memorandum on cooperation in the education and training of the nuclear personnel of the Democratic Republic of the Congo, and a memorandum on cooperation in the creation of…

Gazprom continuing to supply gas via Power of Siberia in excess of planned amounts

Background Gazprom’s main partner in China is CNPC, a state-owned oil and gas company. Power of Siberia is the largest gas transmission system in Russia’s East. The trunkline supplies gas to consumers in Russia’s Far East and China. It has an export capacity of 38 billion cubic meters of gas per year. On May 21, 2014, Gazprom and CNPC signed the 30-year Sales and Purchase Agreement for Russian gas…

International Leaders to Discuss Human-Centric Sustainability at Global Impact Conference 2020

November 19, 2020, Moscow – On December 1-2, 2020 the first Global Impact Conference 2020 “Energy for Impact” will discuss human-centric solutions facilitating steady growth of the global economy. Over two days, 60 world-renowned experts from state institutions, businesses, NGOs and civil society will take part in the online event. The Global Impact Conference 2020…

Gazprom and Uniper highlight essential role of natural gas in achieving EU’s decarbonization policy goals

November 19, 2020, 15:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andreas Schierenbeck, Chief Executive Officer of Uniper, took place today via a video call. The parties reviewed the state and prospects of cooperation between the companies. Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe’s decarbonization policy…

Akkuyu Nuclear JSC Obtains the Construction License of Akkuyu NPP Unit 3

November 13, 2020, Ankara, Turkey – Nuclear Regulatory Board has approved the construction license for the third power unit in favor of AKKUYU NUCLEAR JSC. The license application package was submitted to the Nuclear Regulatory Authority (NRA) on March 28, 2019. After examining the application documentation, the Nuclear Regulatory Board adopted Resolution No. 2020-71/2-1 of…

Severstal’s improved sustaiability performace recogised i sustaiability rakigs

November 17, 2020 PAO Severstal, one of the world’s largest vertically integrated steel and steel-related mining companies, has been recognized as the leader among Russian mining companies in the 2020 International Corporate Human Rights Benchmark. With a score of 11 out of 26, the Company has also outranked major international metals companies such as ArcelorMittal,…