Latest news
Gazprom and Total to develop arctic reserves
Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total met on Friday in Saint Petersburg to discuss the next step in the development of Shtokman natural gas field in the arctic waters on the Russian continent shelf, which is considered by Gazprom to be a strategically important move.
read more... 28/02/2012
Gazprom to extend its underground gas storages to unfreeze Europe
Gazprom, Europe’s main supplier of natural gas is planning to invest between 200 million and 300 million euros to double its underground natural gas storage in order to make sure the Siberian cold doesn’t freeze up pipelines, Gazprom Deputy CEO Alexander Medvedev said on Wednesday.
read more... 17/02/2012
North Stream pipeline to be completed in November
Gazprom CEO, Alexei Miller, stated that the Nord Stream gas pipeline along the floor of the Baltic Sea will commence to supply its first technical gas on November 8.
read more... 04/10/2011
Gazprom boosts gas export outlook to Europe on higher export volumes
The Russian energy giant, Gazprom has further raised its forecast on 2011 revenues from gas exports to Europe, according to which its expected profit from gas exports will represent $60 billion compared with almost $44 billion in 2010, taking into consideration the higher export volumes, the jump of prices and recovered demand, the Gazprom Deputy CEO Alexander Medvedev said on Monday.
read more... 22/06/2011
Rosneft is reviewing new partners for the Arctic deal
According to the Rosneft CEO, Eduard Khudainatov, Russia's top crude producer, Rosneft, decided to chose a new partner for the Arctic deal by the end of the year, following an earlier failure to secure the deal with the British giant, BP.
read more... 20/06/2011