Gazprom | Egypt Oil & Gas - Part 9

Gazprom to Invest $1.5b in Kyrgyz Pipelines

Russia’s Gazprom, one of Europe’s largest energy companies, will invest $1.5b in Kyrgyzstan’s gas transport system before 2030,  Energy Digital reported. One third would be invested within the next two years in ...

Russia’s Gazprom Plans Gas Auction for Northwest Europe

Russia’s Gazprom is planning a natural gas auction for northwest Europe and in June will announce the volumes and conditions of the auction, its Deputy Chief Executive said according to Reuters. Gazprom’s ...

Russia’s Gazprom Expects Around $28b Revenues in 2016

Russia’s Gazprom expects revenues to be at around $28b this year if the rouble rate averages 65 per US dollar, Deputy Chief Executive, Alexander Medvedev, told reporters according to Reuters. However, he did not...

Gazprom Announces First Oil Shipped From Arctic Yamal

Russia’s Gazprom has started oil shipments from its new Arctic Gate oil loading terminal offshore northern Russia. The Novoportovskoye oil, gas and condensate field is located in the southeastern part of the Yam...

Azerbaijan Seeks To Buy More Russian Gas

Azerbaijan’s state oil company SOCAR has put forward a proposal to Russia’s Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters according to Trend. “Curre...

Germany’s E.ON Propped Up Profits Thanks to Gazprom Deal

E.ON, Germany’s largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom. “Our first-quarter results indicate that parts ...

Gazprom Mulls Building LNG Hub in Bahrain

Russian state-owned oil and gas giant Gazprom is pondering to create a liquefied natural gas (LNG) distribution hub in Bahrain, which will be meant to intake LNG from various countries, including Russia, Governor of S...

French Engie, Gazprom to Adapt Gas Contracts Prices

French gas and power group Engie and Russia’s Gazprom Export have agreed to adapt the price of its long-term gas supply contracts to fit market conditions, Reuters reported. “With this agreement, Engie has...

Rosneft’s Market Capitalization Surpasses Gazprom

The oil producer Rosneft became Russia’s most valuable company as its market capitalization of $51.7b in April exceeded that of natural-gas exporter Gazprom at the level of $51.5b for the first time since its shares b...

Russia’s Gazprom Argues Against Sharing Gas Exports to Europe

Russian gas export monopoly Gazprom said that it would not be in accordance with Russia’s national interest to allow Novatek and Rosneft to export gas to Europe, Reuters reported citing RIA news agency. “I...

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