Latest news
Russia approved a 15 percent increase in domestic gas prices
A 15 percent hike in domestic gas prices was approved by the Russian government for Gazprom and its smaller rivals. Following this announcement, Gazprom’s shares lost 0.1 percent by 14:00 GMT, exceeding a 0.7 percent drop in the broader market. Previously in autumn, Gazprom has asked for an additional 26.3 percent increase in gas prices for domestic consumers.
read more... 27/04/2012
Bulgaria gives green light to South Stream project
Following a meeting on 30 March between the head of the Russian energy giant Gazprom, Alexey Miller and Bulgaria’s newly appointed Minister of Energy and Economy Delian Dobrev, it was announced that the final investment decision on the construction of the South Stream pipeline, aimed at ensuring direct supplies of natural gas from the producer to the consumer, will be taken by 15 November.
read more... 04/04/2012
Gazprom launches Russia’s most powerful combined cycle gas turbine unit
Gazprom announced the inauguration of a new combined cycle gas turbine (CCGT) unit at the Kirishkaya power plant in northern Russia with the nominal capacity of 800 MW on Friday.
read more... 27/03/2012
Poland’s PGNiG to minimize the volume of natural gas purchases from Gazprom
Poland’s state-owned natural gas giant PGNiG has announced that it will reduce gas imports from Gazprom via the Yamal pipeline to around 85% of the contracted volume and will replace the missing volume with alternative resources from western European firms.
read more... 21/03/2012
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