Gazprom Net Worth is$159.8 B
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Type: Public company (Open Joint-Stock Company)
Traded As: GAZP, GZPFY
Foundation: 1989
Location City: 16 Nametkina st., Moscow
Location Country: Russia
Key People: Viktor Zubkov (Chairman#Corporate governance),
Industry: Oil and gas industry
Products: Petroleum, natural gas, and other petrochemicals
Services: Gas pipeline transport
Revenue: operating income
Net Income: {{profit US$44.6 billion (2011) Owner: Russian Government (50.01%)
Num Employees: 393,000
Subsid: List of Gazprom's subsidiaries
Coordinates: 55A?39a??31a??N 37A?33a??23a??Ei>>? / i>>?55.65861A?N 37.55639A?Ei>>? / 55.65861; 37.55639
Open Joint Stock Company Gazprom (??N???N?N?N?? 3/4 ?u ????N??,? 3/4 ? 1/2 ?uN?? 1/2 ? 3/4 ?u ????N??uN?N???? 3/4 A<>, OAO Gazprom Russian: ?????? A<>, IPA: [E?E?sE?prom]) is the largest extractor of natural gas and one of the largest companies in the world. Its headquarters are in the Cheryomushki District, South-Western Administrative Okrug, Moscow. Its name is a contraction of Russian: ??????? 3/4 ????N? ??N?? 3/4 ? 1/4 N?N??>>?u? 1/2 ? 1/2 ? 3/4 N?N?N?, tr. Gazovaya Promyshlennost, meaning "gas industry". Gazprom was created in 1989 when the Ministry of Gas Industry of the Soviet Union transformed itself into a corporation, keeping all its assets intact. The company was later privatized in part, but currently the Russian government holds most of the control in its hands.
In 2011, the company produced 513.2 billion cubic metres (18.12 trillion cubic feet) of natural gas, amounting to 17% of worldwide gas production. In addition, Gazprom produced 32.3 million tons of crude oil and 12.1 million tons of gas condensate. Gazprom's activities accounted for 8% of Russia's gross domestic product in 2011.
The major part of Gazprom's production fields are located around the Gulf of Ob in the Yamalo-Nenets Autonomous Okrug in Western Siberia, while the Yamal Peninsula is expected to become the company's main gas producing region in the future. Gazprom possesses the largest gas transport system in the world, with 158,200 kilometres of gas trunk lines. Major new pipeline projects include Nord Stream and South Stream.
The company possesses subsidiaries in many various industry sectors, including finance, media and aviation. In addition, it controls a majority of stakes in various companies.
A separate Soviet gas industry was created in 1943. Large natural gas reserves discovered in Siberia and the Ural and Vol

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Gazprom Latest News

CEO says Gazprom Neft could slow oil output growth

MOSCOW, Oct 18 (Reuters) – Gazprom Neft, the oil arm of Russian state gas firm Gazprom, could slow its oil output growth compared with the current plan if needed, its Chief Executive Alexander Dyukov told Rossiya 24 TV. Gazprom Neft said earlier this ...
Posted: October 18, 2016, 4:40 pm

Gazprom Neft' : Equipment for the Modernization of the Omsk Refinery is Delivered to Omsk

Major equipment for the second stage of modernization of the Gazprom Neft Omsk Refinery has been delivered to Omsk. The third (and final) stage involved the transportation of the oversized cargo on six barges from Novy Port to Omsk via the Ob and Irtysh ...
Posted: October 23, 2016, 7:33 am

Who is afraid of Nord Stream 2?

Nord Stream 2, the new gas pipeline that Gazprom is planning to build from Russia through the Baltic Sea to Germany, has been criticised for reducing Europe’s diversification of energy sources and energy security. But according to Energy Post’s editor ...
Posted: October 23, 2016, 10:14 pm
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