Gazprom is a Russian gas giant.
« Gazprom»Is the world's leading company in terms of its natural gas reserves. Among the main directions in which Gazprom is engaged, one should single out geological exploration, which makes it possible to find new deposits of natural gas, its production, with subsequent transportation, storage and sale. The company also possesses the largest reserves of gas condensate and a huge oil reserve.
Its main goal, Gazprom sees the achievement of maximum efficiency in the supply of services to consumers not only in the gas sector, but also in other energy resources with their processing.
Gazprom official website
The first thing that catches your eye when visiting the official website PJSC Gazprom Is a colorful interface, made in the colors of the company, with magnificent landscapes in the background, symbolizing all the power and beauty of Russian nature. This is how the website of the country's largest oil and gas company should look like.
As it should be, the main page is a kind of guide to the site, but before clicking on the button of the section of interest, the visitor is invited to familiarize himself with the latest important events concerning both the company's activities itself and the situation on the country's oil and gas market as a whole. Attention is drawn to the heading titled "Alexey Miller's Column", where you can read short notes about the most important, from the point of view of the chapter " Gazprom», Events from 2003 to the present day. In addition, in the "Gazprom" section, you can find and, if you wish, print out all of the company's financial statements and analysis of the financial situation, dating back to 1998.
Directly on the main page, you can get information on the progress of the main projects of PJSC Gazprom, on the implementation of which not only the future of the corporation depends, but also the well-being of the whole country. We are talking about the construction of new main gas pipelines, such as Nord Stream 2, about socially significant projects for the gasification of the country and the development of new gas production centers.
Main sections
After reviewing the headings of recent events and interesting articles, you can proceed to the search for the section of interest, which Gazprom official website offers to choose from the following list:
- About Gazprom. An informational section where you can get information about the main directions of the company's activities, its assets and plans for the future. It also contains all the registration information that may be needed when drawing up documents.
- Shareholders and investors. A large section with many subsections, including: "Charter and internal documents of PJSC Gazprom", "Meeting of shareholders", "Dividends", "Financial calendar" and others. In the most conspicuous place is information about the share price, the amount of dividends and credit ratings, which, for sure, will interest shareholders and investors in the first place. There is a separate section for IR releases. In addition, everyone can immediately contact the work departments, both with shareholders and with investors, whose phone numbers are right there.
- Press center. The most important events concerning the corporation's activities and the country's energy security, as well as news from subsidiaries, as interpreted by the journalists of PJSC Gazprom. Here you can also familiarize yourself with the electronic version of the company's magazines: "Gazprom" and "Gas Industry" or contact the press service. In the "Media Library" section, visitors will find a colorful photo album dedicated to various events held under the patronage of PJSC "Gazprom".
- Protection of Nature. A section entirely devoted to the environmental protection issues of concern to many. Each visitor has the opportunity to get acquainted with a detailed report on the corporation's activities in the areas of energy conservation and ecology. For example, get news from the V. I. Vernadsky Non-Governmental Ecological Fund, created at the Constituent Assembly of PJSC Gazprom in 1995.
- Social responsibility. The corporation's activities to support socially vulnerable groups of the population are well known to all Russian citizens. In the section you can read what is being done or planned to be done in this direction in the near future. No less attention is paid to other socially significant projects to support sports, science and culture. In addition, the section contains information from the Interregional Trade Union Organization of OAO Gazprom.
- Career. For those wishing to try to start their career in the company, it is proposed to fill out a questionnaire on the portal. Here you can also familiarize yourself with the personnel policy of PJSC Gazprom, the personnel structure, and in a special section read about the professional standards that applicants for the company's vacancies must have.
- Contact Information. In the section the visitor will find contacts, both directly from the head office of PJSC Gazprom, and numerous subsidiaries and representative offices. There is also a phone number and an email address for the hotline on combating fraud, corruption and theft in the corporation's divisions.
The strategic goal is to establish PJSC Gazprom as a leader among global energy companies
PJSC Gazprom is a global energy company. The main areas of activity are geological exploration, production, transportation, storage, processing and sale of gas, gas condensate and oil, sale of gas as a motor fuel, as well as the production and sale of heat and electricity.
Gazprom sees its mission in reliable, efficient and balanced supply of natural gas, other types of energy resources and their processing products to consumers.
The strategic goal is to establish PJSC Gazprom as a leader among global energy companies by diversifying sales markets, ensuring reliability of supplies, increasing operational efficiency, and using scientific and technical potential.
Gazprom has the world's richest natural gas reserves. Its share in world gas reserves is 17%, in Russian - 72%. Gazprom accounts for 12% of world and 68% of Russian gas production. Currently, the company is actively implementing large-scale projects to develop gas resources of the Yamal Peninsula, the Arctic shelf, Eastern Siberia and the Far East, as well as a number of projects for the exploration and production of hydrocarbons abroad.
Gazprom is a reliable supplier of gas to Russian and foreign consumers. The company owns the world's largest gas transmission system, the length of which is 172.1 thousand km. On the domestic market, Gazprom sells over half of the gas it sells. In addition, the company supplies gas to more than 30 countries of the near and far abroad.
Gazprom is Russia's largest producer and exporter of liquefied natural gas (LNG). The company is successfully developing LNG trading within the framework of the current Sakhalin-2 project, as well as implementing new projects that will allow Gazprom to significantly strengthen its position in the fast-growing global LNG market.
The company is one of the four largest oil producers in the Russian Federation. Gazprom also owns large generating assets in Russia. Their total installed capacity is about 16% of the total installed capacity of the Russian energy system. In addition, Gazprom ranks first in the world in the production of thermal energy.
Company name
full - Public Joint Stock Company "Gazprom"
abbreviated - PJSC "Gazprom"
Registration information
state registration certificate No. 022.726
(issued by the Moscow Registration Chamber on 25.02.93) main state registration number (OGRN) - 1027700070518
taxpayer identification number (TIN) - 7736050003
registration reason code (KPP) - 997250001
All-Russian Classifier of Municipal Territories (OKTMO) - 45908000
The unfolding battles over gas prices for the junta made me think once again to remind everyone of the long-known truth - to whom and how much the giant of our energy production industry, GAZPROM, belongs to and how much.
According to completely open data, the "state" owns only 50% of the shares (+1 vote). I put the word state in quotation marks because it’s a little gimmick to sweeten the pill. In reality, the state itself, represented by its state agency Rosimushchestvo, owns not 50, but only 38.37% of the giant's shares, the rest are divided between Rosneftegaz (10.74%) and Rosgazifikatsiya (0.89%).
What does this mean? Exactly that President Putin can bark harshly: "Sha! Do as I said!" only 38%. Agree, this is a somewhat different calico in the command-and-control system of corporate governance. By the way, the profit from the sale of gas is also distributed - you and I get only 38% of the gas produced by GAZPROM, because the contents of our bowels, having passed through the pipe to the surface, are somehow transformed and begin to belong to the technicians who stuck this pipe. As if a neighbor, putting a pump on a well in your yard, sold water to everyone (well, including you), paying you a tax on this action. But I digress, let's go back to GAZPROM, having specified that even 38% of the produced gas still belongs not to you and me, but to GAZPROM itself, we only own a share in the profit.
There is also Rosneftegaz, 100% owned by Rosiimushchestvo, which was created as a “temporary storage facility” for Rosneft and Gazprom shares. It was assumed that it will be liquidated as soon as it repays the received multibillion-dollar loan, but it still exists. What for? And then, in order not to concentrate a controlling stake in one hand. After all, a direct blocking stake should be 50% + 1 share. This is the subtlety - in order to directly block any other decision, 50% +1 should be concentrated in one hand. Otherwise, dances with horses begin.
Why am I all this? Besides the fact that Russia is not authoritarian in its decisions on GAZPROM, ours should agree with the rest of the owners.
Who are these "other owners"? From the graph you can see - this is Bank of NY and some "others".
Well, BoNY is clear here in what direction - it disguises itself as the issuer of American depositary receipts issued for GAZPROM shares. In order not to puzzle in vain, I will explain - this is a veiled form of transferring state property from the metropolitan colony. Those. 27% were directly transferred to "our American partners", as VVP loves to joke merrily. Why 27? But because from 25 percent there is a "disclosure" of shares, i.e. the owner of these 27% can hack to death the decisions made by the Company.
Who else are the shareholders, who are these "others"?
E.ON Ruhrgas AG, Germany's largest natural gas distributor - 6.5%
Deutsche UFG, a hedge fund company 100% owned by Deutsche Bank - over 3%
NAFTA-MOSCOW, a Cyprus company (guess why and by whom it was created) - 5.3%
NAFTA-VOSTOK, the fund, again, it's not even worth explaining who it was created by - 1.5%
INTECO (yes, Madame Baturina) - 1%
The remaining 5.5% is scattered between the co-workers, t.s. for milk to your beloved.
So, Russia, or rather our President Putin V.V. (I, in principle, have not separated my president for some time now), I am not in a position to rigidly make an unambiguous decision on certain actions of GAZPROM, but must negotiate with the same who prepares all this garbage with gas supplies - amers, burghers and 5- the first column, which owns assets located outside the Russian jurisdiction, and directly controls the concern.
And now look - Putin is alone in GAZPROM. Against him are the shareholders, the authors of the coup in Ukraine, and the managers who are held by the Adam's apple of their assets by the same shareholders.
Gazprom logo
Some of the first natural gas fields were discovered in the Soviet Union back in 1942. At the same time, the first gas pipeline "Buguruslan - Kuibyshev" was built. The exploration and development of gas sources continued continuously, new pipelines and pipelines were built. Nevertheless, this was not always enough to sufficiently satisfy the needs of the entire Soviet population. The period from 1970 to 1980 changed everything. For the USSR, it was marked by the discovery of new gas fields in the Volga region, Siberia and the Urals. Gas production in the Soviet Union increased almost fivefold, and already in 1984 it took a leading position in the world ring of raw gas. The production of this resource per year amounted to 587 billion cubic meters. m.
Until that time, since 1948, the Main Directorate for Natural Gas Production operated in the USSR. In 1956, it underwent a series of transformations, as a result of which it already became Glavgaz (Main Directorate of the Gas Industry under the Council of Ministers of the USSR). In 1963, the State Production Committee for the Gas Industry of the USSR was created, which took over the functions of its predecessor. 1965 - the formation of the Ministry of the Gas Industry takes place. Organizations of two directions subsequently stand out from it: gas and oil. It was this Ministry that became the platform for the future of the company. In 1989, the State Gas Concern " Gazprom", Which, in turn, becomes a platform for RAO" Gazprom "(Russian Joint Stock Company). It was founded in 1993, and in 1998 it was renamed into the current OJSC Gazprom (Open Joint Stock Company).
Victor Stepanovich Chernomyrdin
From 1989 to 1992 headed by V.S. Chernomyrdin, who was appointed to this post by Boris Yeltsin. At that time, the concern fully controlled the search for gas fields throughout the USSR, carried out its distribution and sale. In 1991, the collapse of the Soviet Union takes place, which does not have the best effect. Countries that were formerly part of the USSR gain independence, and with it the rights to all gas sources located on their territory, as well as property rights to the corresponding pipelines. Losses at that time amounted to 25% of the total number of compressor stations, as well as over 30% of pipelines. Control over all transit gas pipelines that passed from Russia to Europe was completely transferred to the CIS and Baltic countries. At the same time, the Russian government came to the conclusion that in order to improve the functioning of the concern, independent companies should be created that could also extract this resource. The initiator of this project was the Minister of Fuel and Energy V. Lopukhin. On the same basis, he had a conflict with the owner of "Gazprom" V. Chernomyrdin, who held the opposite opinion and was not going to share the concern with anyone.
The next year became more successful. The intensity of its economic influence is sharply increasing. This is due to the fact that in 1992 Viktor Stepanovich was appointed to the post of prime minister and, naturally, his "brainchild" receives a number of tax benefits. In the same year, Chernomyrdin transfers his powers of leadership to his first deputy, Rem Vyakhirev, and the president signs several decrees, from which it follows that the gas resources of the entire country are transferred to the concern.
Privatization of the company. Attempts at reform.
In 1993, the Ministry of Finance approved the project for Gazprom. If at the beginning of 1992 it was fully owned by the state, then in 1993 the distribution of Gazprom's shares began. According to the distribution scheme, 40% remained the property of the state, 28.7% was sold for vouchers, 15% belonged to the management of the concern, 10% was intended for sale to foreign companies, 5.2% was owned by the Yamalo-Nenets Autonomous Okrug (Yamalo-Nenets Autonomous Okrug), 1 , 1% was transferred to the use of the organization "Rosgazifikatsiya".
The market position of the shares was highly controversial and discouraged foreign buyers due to its illiquidity. The reason for this was the Group's exceptional rules, in accordance with which the company exercised control over the secondary market for its shares. The sale could only take place with his permission. It was necessary to notify his management and offer the purchase first, directly, to the concern. Only in case of his refusal could they be sold to other organizations.
A complex of buildings that belong to the concern.
Since the privatization process took place under the strict control of Viktor Stepanovich, the interests of the holding did not suffer in any way. In 1994, a trust agreement was signed between R. Vyakhirev and the government, according to which 35% of state shares were transferred to a monopolist. In the same year, the investment bank Kleinwort Benson became the agent for the placement of shares abroad. But since at that time they were not popular, there was no demand for the supply of sale.
In 1995, Price Waterhouse became the group's auditor, but in 1997 it passed the baton to De Golyer & McNaughton. Then there is a need to promote on the world capital markets and in 1996 he places 1% of his shares on the London Stock Exchange. A year later, a major scandal occurs. It featured Regent GAZ Investment, which, through its subsidiary company, tried to acquire Gazprom shares on the Russian stock exchange with the aim of their further resale abroad. After this incident, B. Yeltsin issued a decree “On the procedure for circulation of shares in RAO Gazprom”, in accordance with which the rights of foreign and domestic investors were significantly infringed.
1990s.
The 1990s were marked for highly unstable relations with the government. For the young reformers, he personified the unshakable stronghold of the command-administrative economy of Russia and, naturally, they tried in every possible way to limit his power. During the presidency of Boris Yeltsin, the concern more than once came to his rescue. So, for example, in 1996, the gas monopoly took out a loan in the amount of 40 trillion in foreign markets, which in turn is spent on paying debts to pensioners. After that B. Yeltsin again manages to win the elections.
With the arrival of S. Kiriyenko, equal relations with the government were broken.
The new chairman demanded to terminate the trust agreement concluded with the concern in 1994 and accused him of malicious tax evasion. At the same time, Vyacheslav Sheremet, the deputy of Rem Vyakhirev, stood out in the leadership of the monopolist. During the absence of Vyakhirev, he staunchly defends his interests. In the future, Vyakhirev will say that he wants to see exactly Sheremet.
In 1998, Yeltsin removed Chernomyrdin from the post of prime minister. The same time coincides with the beginning. The government makes claims for non-payment of taxes and exerts a strong influence on it, as a result of which the concern still has to pay them. Chernomyrdin remains the chairman of the board.
After Viktor Stepanovich, his place was taken by Yevgeny Primakov. His company policy was more loyal. Nevertheless, in 1999 a bitter struggle broke out between the largest Russian gas monopoly and the government. By that time, the concern had a fairly strong influence on the NTV channel, on which the Kremlin's policy towards the company was criticized with might and main. Gazprom said that its losses in 1998 amounted to about 2 billion, and, therefore, it is not going to pay any dividends to shareholders. Naturally, the shareholders, in turn, demanded that the concern be held accountable. At the end of the year, V. Putin was appointed to the post of prime minister, after which V. Chernomyrdin was presented with a whole list of accusations against the leadership, and in particular Vyakhirev.
Summing up the results of the 1990s, we can say that despite the actual violations on the part of the concern, nevertheless, it continued to remain a “safe haven”. During the unstable political situation in the country, it was supported by the state budget, pursued a fairly loyal pricing policy in relation to gas supply, and at the same time carried out a number of political and social functions.
Since 2000.
In 2000 the post of chairman of the board of directors took Dmitry Medvedev... And in 2001, the place of Rem Vyakhirev was given to A. Miller. After that, a massive redistribution of seats began. Most of the people working under the leadership of Vyakhirev were removed from their posts or left on their own initiative. The time of disagreement with the Kremlin has become history. Despite the relative obscurity of Miller, the stock prices of the concern on the London Stock Exchange jumped by almost 7%. Although many argued that he would not be able to control the activities of the gas giant, practice has shown that Miller is not only doing an excellent job of his duties, but is also making significant progress to improve the company's performance, and is fighting corruption, the cases of which have become more frequent in the late 90s. ... Moreover, for the first time in recent years, the policy of the concern began to completely coincide with the interests of the state.
The company has seen strong growth over the past decade. « Gazprom»Concludes all new contracts for gas supplies to European countries, forges relations with Asian countries. As a result of intensive development, the group's turnover in 2009 alone amounted to about $ 150 billion. One of the main directions of Miller's policy was the return of assets that were not properly controlled under Vyakhirev. So, in 2002, the previously lost control over Zapsibgazprom, Purgaz, Vostokgazprom. In addition, Severneftegazprom became the property of the concern (the concern bought it). It is impossible not to mention the Itera company, which was considered the second gas giant. Gradually, she had to return the gas producing assets to the concern, which were obtained under Vyakhirev, after which she had no choice but to agree with the leader and transfer to his de facto subordination. A similar fate befell Northgas, which was developing the Severo-Urengoyskoye field. As soon as production began to gain decent volumes, the monopolist paid attention to him and declared his rights. After a short resistance, Northgas surrendered and entered into an agreement with the company. Currently, the concern is rightfully considered the only gas monopoly in Russia.
In addition to its direct activities, the gas giant is engaged in research and development and takes an active part in the social life of the country. For a long time he is a patron of all kinds of sports events, patronizes several domestic football clubs, and is also engaged in charitable activities. In 2010 alone, the concern spent over 12 billion rubles on charity. Even in spite of 2008-2009, the Concern has remained a stronghold of stability for the country. Most likely, this will continue to be so, since it is difficult to imagine that a monopolist of this magnitude could have any serious competitors whose resistance he could not break.
Brief description of the company
"Gazprom" is the largest gas company in the world. Gazprom owns 60% of Russian and 17% of the world's gas reserves. In gas production, Gazprom's share is even higher - 85% of Russian gas production, 20% of world production.
In Russia, Gazprom holds a monopoly position in the transportation of natural gas in a gaseous state. The company owns the Unified Gas Supply System (UGSS), which includes all the main gas pipelines of the country. The access of independent gas producers to Gazprom's gas transmission system is regulated by government agencies.
The Gas Export Law gives Gazprom the exclusive right to export natural gas from Russia. Other Russian gas producers are unable to supply their products outside the country.
The Russian Federation owns 50% plus one share in Gazprom. According to the law "On Gas Supply in the Russian Federation," the state's share in Gazprom's capital cannot be lower than this level. During the years of active privatization, the state lost shareholder control over Gazprom. In 2004, control was restored by purchasing a block of shares.
Gazprom's development strategy envisages expanding its activities in related areas, in particular, oil production and electric power generation. Gazprom acquired a controlling stake in Sibneft, which was later renamed Gazprom Neft, as well as shares in a number of electric power companies.
The structure of the company
Mining
Gazprom Dobycha Astrakhan
Gazprom Dobycha Irkutsk
Gazprom Dobycha Krasnoyarsk
Gazprom Dobycha Nadym
Gazprom Dobycha Noyabrsk
Gazprom dobycha Orenburg
Gazprom Dobycha Urengoy
Gazprom Dobycha Yamburg
Gazprom dobycha shelf
Gazprom Dobycha Kuznetsk
Achimgaz
Vostokgazprom
Zapsibgazprom
Krasnoyarskgazprom
Kubangazprom
Severneftegazprom
Sevmorneftegaz
Sibneftegaz
Tomskgazprom
Gazflot
Gazprom Zarubezhneftegaz
Northgas
Purgaz
Stimulus
Gazprom Netherlands B.V.
Gazprom Sakhalin Holdings B.V.
Sakhalin Energy Investment Company Ltd.
Shtokman Development AG
Processing
Gazprom pererabotka
Sibur Holding
Novourengoy gas chemical complex
Transport and storage
Gazprom transgaz Volgograd
Gazprom transgaz Yekaterinburg
Gazprom transgaz Kazan
Gazprom transgaz-Kuban
Gazprom transgaz Makhachkala
Gazprom transgaz Moscow
Gazprom transgaz Nizhny Novgorod
Gazprom transgaz Samara
Gazprom transgaz Saint Petersburg
Gazprom transgaz Saratov
Gazprom transgaz Stavropol
Gazprom transgaz Surgut
Gazprom transgaz Tomsk
Gazprom transgaz Ufa
Gazprom transgaz Ukhta
Gazprom transgaz Tchaikovsky
Gazprom transgaz Yugorsk
Gazprom UGS
Daltransgaz
Cap Infin
Temryukmortrans
Gaztransit
Gazpromtrans
Beltransgaz
ArmRosgazprom
KazRosGas (Kazakhstan)
Overgas Inc. (Bulgaria)
EuRoPolGaz (Poland)
Volta S. p. A. (Italy)
BSPС B.V.
Nord Stream AG
South Stream AG
Interconnector (UK) Limited
International Gas Transportation Consortium
Sales
Mezhregiongaz
Gazprom liquefied gas
Gazprom export
Gazprom YRGM Trading
Gazprom sbyt Ukraine
Latvijas Gaze (Latvia)
Lietuvos Dujos (Lithuania)
Stella Vitae (Lithuania)
Eesti Gaas (Estonia)
RosUkrEnergo AG
Moldovagaz
Gasum Oy (Finland)
Topenergy (Bulgaria)
Turusgaz (Turkey)
YugoRosGaz (Serbia)
Gazprom Marketing & Trading Ltd.
WIEE (Wintershall Erdgas Handelshaus Zug AG)
Wingas GmbH
ZMB (Schweiz) AG
Extraction and refining of oil
Gazprom Neft
Caspian Oil Company
Rosshelf
TsentrKaspneftegaz
Power engineering
Gazprom energo
Mosenergo
OGK-2
OGK-6
TGK-1
Kaunas Thermal Power Plant
Other
Burgaz
Gaz-Oil
OOO Gazprom Geofizika
JSC "Gazpromgeofizika"
Gazprom severpodzemremont
Gazprom yugpodzemremont
Gazavtomatika
VNIPIgazdobycha
SevKavNIPIgaz
TyumenNIIgiprogaz
YuzhNIIgiprogaz
Gazprom VNIIGAZ
Gazprom TsKBN
Gazprom promgaz
Gazprom gaznadzor
Gazprom gazobezopasnost
Gazprom complete set
Gazprom Tsentrremont
Podzemgazprom
Stroytransgaz
Yamalgazinvest
Gazprom Germania GmbH
ZMB GmbH
Company history and projects
Establishment of a company
In 1989, the State Gas Concern "Gazprom" was formed on the basis of the Ministry of the Gas Industry. In 1993, the Russian Joint Stock Company Gazprom (RAO Gazprom) was created on its basis. In 1998, RAO Gazprom was renamed OAO Gazprom.
Entering the stock market
Since 1996, trading in Gazprom shares began to be held on a specialized site of the Federal Stock Corporation. In October 1996, Gazprom placed 1.15% of its shares on the US and European stock markets in the form of American Depositary Receipts (ADRs).
Mezhregiongaz
In December 1996, Mezhregiongaz LLC was established, a specialized trading company with 100% of the authorized capital of Gazprom. In April 1997, Mezhregiongaz began supplying gas to Russian consumers.
At the initial stage, the central office and 62 regional branches were formed, the sales technology, interaction with gas consumers, document flow was debugged, accounting was automated; a complete register of gas consumers, including budgetary organizations, has been formed, and a single information space has been created.
Since 1999, Gazprom's branches have been gradually transformed into independent legal entities - regional gas companies (RGK), which are its subsidiaries. They, buying gas from OOO Mezhregiongaz, sell it to consumers in their region, pay the necessary taxes to regional and local budgets. With the creation of Mezhregiongaz, the number of intermediaries in the gas supply scheme has been significantly reduced.
Since the separation of gas sales on the domestic market as a separate area of activity, the state has set tariffs for payment for supply and sales services. The sale of gas was separated from services for its transportation through gas distribution networks. The introduction of payments for supply and marketing services allowed the RGC to switch to self-financing of its own costs.
South Pars
In September 1997, Gazprom, together with Total and Petronas, signed a contract for the development of phases 2 and 3 of the South Pars field in Iran. Gazprom's share in the international consortium was 30%, Total - 40%, Petronas - 30%.
In 2002, an international consortium began gas production.
Yamal-Europe
The Yamal-Europe gas trunkline connects gas fields in Siberia with consumers in Western Europe. Initially, the project envisaged the construction of two lines with a diameter of 1420 mm and a length of 4100 km from the Yamal fields through Ukhta and Torzhok, through the territory of Belarus and Poland to Germany.
The construction of the gas pipeline began in 1994 in the border regions of Germany and Poland.
In November 1996, the priority sections of the gas pipeline were put into operation on the territories of Poland and Germany with a total length of 117.2 km, including the crossing of the river. Oder. This made it possible to supply Russian natural gas in the amount of 600 million cubic meters. m per year on the territory of Germany.
In subsequent years, new pipeline sections and compressor stations were built as part of the project. With the introduction of new sections, gas exports in the new direction by 2000 reached 14 billion cubic meters. By this time, the concept of the project had changed dramatically, since due to a shortage of capital investments, Gazprom postponed the development of Yamal fields. The end point of the Yamal-Europe gas pipeline was Torzhok, where it was connected to the new SRTO-Torzhok gas pipeline. The Yamal-Europe gas pipeline diverted part of the export gas flow from the Nadym-Pur-Tazovsky region, which previously went to Germany through Ukraine.
In 2007, the first stage of the Yamal-Europe gas pipeline reached its design capacity of 33 billion cubic meters. meters of gas per year.
The construction of the second string of the Yamal-Europe gas pipeline is in question. The main problem is Poland's position against the expansion of the pipeline's capacity for political reasons. The additional capacity of the gas pipeline will reduce Gazprom's dependence on transit through Ukraine, which is negatively assessed in Europe.
Blue stream
On December 15, 1997, Russia and Turkey signed an intergovernmental agreement under which Gazprom signed a commercial contract with Botas for the supply of 365 billion cubic meters to Turkey over 25 years. m of gas. It was decided to supply gas through a new gas pipeline laid along the bottom of the Black Sea.
In 1999, ENI became Gazprom's partner in implementing the Blue Stream project.
On November 16, 1999, Gazprom and Eni registered in the Netherlands on a parity basis the Russian-Italian special purpose company Blue Stream Pipeline Company B.V. Now this company is the owner of the offshore section of the gas pipeline, including the Beregovaya compressor station. The owner and operator of the onshore section of the gas pipeline is Gazprom. On December 30, 2002, a start-up complex was put into operation on the territory of Russia and a control supply of gas to the Durusun terminal in Turkey was carried out.
The design capacity of the gas pipeline is 16 billion cubic meters. meters of gas per year.
The possibility of constructing the second stage of the gas pipeline is being considered. Blue Stream-2 is focused on gas supplies to the southern and central regions of Europe.
North European gas pipeline
The North European Gas Pipeline is designed to supply Russian gas to Europe without passing through the territory of transit countries. The gas pipeline route runs through the Baltic Sea from Vyborg to the German coast (Greifswald area). The project provides for the construction of offshore gas lateral pipelines to supply gas to consumers in Finland, Sweden, Great Britain and other countries.
The length of the offshore section of the gas pipeline from Vyborg to Greifswald will be 1189 km, diameter - 1067 mm, operating pressure - 200 atmospheres. The main line will consist of two lines with a total design capacity of 55 billion cubic meters. meters of gas per year.
To connect the NEGP with the Unified Gas Supply System of Russia, it is planned to build a new gas pipeline Gryazovets-Vyborg, which will pass through the Vologda and Leningrad regions.
In 1997, Gazprom began developing the North European Gas Pipeline project. Gazprom and Neste (now Fortum) have established a joint venture North Transgas with equal shares. Initially, the resource base of the gas pipeline was supposed to be gas from the Shtokman field, which was planned to be commissioned by 2006.
During 1997-1999, with the involvement of the world's leading engineering firms and Russian institutes, a full range of offshore surveys was carried out in the Baltic Sea. The feasibility study for the construction of the offshore section confirmed the technical feasibility and economic efficiency of the construction of the NEGP.
In December 2000, the European Commission awarded the NEGP project the status of TEN (Trans-European Networks), which facilitated the solution of issues related to the implementation of the project in the territories of the EU countries and the attraction of EU funds.
On November 18, 2002, the Gazprom Management Board made a decision to start practical implementation of the NEGP project. An action plan and an enlarged schedule for the implementation of the NEGP project were approved.
On March 17, 2004, Gazprom designated the Yuzhno-Russkoye field as the main raw material base for gas supplies via the NEGP. In this regard, Gazprom decided to synchronize the preparation of business plans and feasibility studies for the construction of the NEGP and the development of the Yuzhno-Russkoye field.
In early 2005, Gazprom bought out a 50% stake in North Transgas from the Finnish Fortum concern.
On September 8, 2005 in Berlin, Gazprom, BASF AG and E.ON AG signed an agreement in principle on the construction of the Nord Stream gas pipeline. In accordance with the document, the partners created a joint venture Nord Stream AG, in the capital of which Gazprom received 51%, and Wintershall Holding (a subsidiary of BASF AG) and E.ON Ruhrgas (part of the E.ON concern) - 24.5% each ...
On June 10, 2008 N.V. entered the project. Nederlandse Gasunie. In accordance with the comprehensive agreement concluded between Gazprom and Gasunie, the Dutch company received 9% of shares in the capital of Nord Stream AG by reducing the shares of E.ON Ruhrgas and Wintershall Holding by 4.5%. As a result, the shares in Nord Stream AG were distributed as follows: Gazprom - 51%, Wintershall Holding and E.ON Ruhrgas - 20% each, N.V. Nederlandse Gasunie - 9%.
On December 9, 2005, the first joint of the Gryazovets-Vyborg gas pipeline was welded.
Purgaz
In 1998 Itera-Rus (49%) and Noyabrskgazdobycha LLC (51%) established Purgaz CJSC. The enterprise was established to implement a project for the industrial development of the Cenomanian deposit of the Gubkinskoye field. The Gubkinsky gas field was commissioned on June 27, 1999.
In 1999, Noyabrskgazdobycha sold a 32% stake in Purgaz to Itera at par (32 thousand rubles). The purchase and sale agreement stipulated that Gazprom could return 32% of Purgaz shares at par before January 1, 2002.
On April 1, 2002, Gazprom completed the buyback from Itera of 32% of Purgaz shares. "Itera" was returned the par value of the shares, as well as about 5.8 billion rubles, which were invested in the development of the Gubkinskoye gas field.
Cooperation with Rosneft in the Yamalo-Nenets Autonomous Okrug and on the shelf of the Barents Sea
On October 4, 2001, OAO Gazprom and NK Rosneft signed an agreement to join forces in the development of five large fields located in the Yamal-Nenets Autonomous Okrug and on the shelf of the Barents Sea: Kharampursky, Vyngayakhinsky, Etypurovsky, Prirazlomnoye and Shtokmanovsky gas condensate fields.
Zapolyarnoye field
On October 31, 2001, a ceremonial launch of the Zapolyarnoye gas and oil condensate field took place in the Yamal-Nenets Autonomous Okrug.
The Zapolyarnoye field is located in the Tazovsky District of the Yamalo-Nenets Autonomous Okrug, 80 km east of the Urengoyskoye field, 85 km south of the Tazovsky village. The total gas reserves are more than 3.3 trillion cubic meters. m. Upper Cenomanian deposit - about 2.6 trillion cubic meters. m of gas, the Valanginian horizons - about 735 billion cubic meters. m of gas. Zapolyarnoye ranks fifth in terms of gas reserves in the international rating of gas fields. The design capacity of the field is 100 billion cubic meters. meters of gas per year. The license for the development of the field belongs to OOO Yamburggazdobycha.
The launch of Zapolyarnoye allowed Gazprom to maintain gas production, which was declining due to a gradual decrease in the productivity of the main fields - Urengoyskoye, Yamburgskoye, Medvezhye.
At the end of 2004, gas production at the Zapolyarnoye field reached the design target of 100 billion cubic meters. m per year.
Purchase of 49% Slovensky Plynarensky Priemysel
On March 14, 2002, the Slovak government decided to sell 49% of the shares of the Slovak gas transportation company SSP to an international consortium, which included Gazprom, Ruhrgas and Gaz de France.
Return of shares of OJSC Severneftegazprom
On June 27, 2002, Gazprom CEO Alexei Miller and Itera MGK Director Igor Makarov signed a memorandum of cooperation. According to the document, the parties agreed that Gazprom will acquire from Itera 51% of shares in OAO Severneftegazprom, which owns licenses for the right to use the subsoil of the Yuzhno-Russkoye field.
In turn, Surgutgazprom and Noyabrskgazdobycha will transfer to Itera a 7.78% stake in Tarkosaleneftegaz and a 10% stake in Sibneftegaz.
OJSC Severneftegazprom was established as a 100% subsidiary of Zapsibgazprom, but later the controlling stake in Severneftegazprom was sold to Itera.
International Consortium for the Management and Development of the Gas Transportation System of Ukraine
On October 30, 2002, Gazprom and Naftogaz of Ukraine signed the constituent documents of the International Consortium for the Management and Development of the Gas Transportation System of Ukraine. It was assumed that the consortium would manage the Ukrainian gas transportation system. In addition to Ukraine and Russia, the consortium will include Germany, which represents the interests of European gas consumers. The project failed. Ukraine began to delay the implementation of the plans. Instead of handing over the existing gas transmission system, Ukraine proposed to the consortium to build a new Novopskov-Uzhgorod gas pipeline. Since the consortium did not gain access to the management of the existing gas transmission system of Ukraine, Russia and Germany lost interest in participating in the project.
Exchange of assets with YUKOS Oil Company
In 2003, Gazprom and Yukos agreed to exchange production assets. Gazprom transferred to Yukos a 12% stake in Arctic Gas, and Yukos gave Gazprom a 25.58% stake in Zapsibgazprom and paid $ 3 million in cash.
Sibneftegaz
On May 24, 1994, OJSC Siberian Oil and Gas Company (Sibneftegaz) was established. In 1998, Sibneftegaz acquired licenses for the right to use the subsoil of the Beregovoye, Pyreyny and Zapadno-Zapolyarny areas. In 2006, Sibneftegaz acquired a license for the right to use the subsoil of the Khadyryakhinsky block.
In May 2003, Itera prepared the Beregovoye field for commercial operation, but production was not started because Gazprom refused to accept gas into the transportation system.
21% of shares of Sibneftegaz were bought by Akron.
In 2006, Gazprom acquired 51% of Sibneftegaz from Itera for $ 131.5 million.
In April 2007, the Beregovoye field was brought into commercial production.
Achimgaz
On July 17, 2003 Gazprom and Wintershall signed a framework agreement and constituent documents on the establishment of the Achimgaz joint venture. The new enterprise will develop a pilot area of the Achimov deposits of the Urengoyskoye field. For the entire development period of this area (43 years), it is planned to produce about 200 billion cubic meters. meters of gas and 40 million tons of condensate.
The joint venture will sell all produced gas to Gazprom. The purchase price will be determined using a formula that takes into account the cost of gas in the Yamalo-Nenets Autonomous Okrug and on the border with Germany. The partners will receive profit in accordance with the shares of participation in the project - 50:50.
The Achimov deposits occur at depths of 3150-3800 m and have a more complex geological structure in comparison with the Cenomanian and Valanginian deposits being developed at present. The main recoverable hydrocarbon reserves of the Achimov deposits of the Nadym-Pur-Taz region are concentrated in the Urengoyskoye gas and oil condensate field. The subsoil user of this field is Urengoygazprom LLC. The Achimov deposits of the Urengoyskoye field are divided into six pilot areas, which will be developed in turn.
Buying Lietuvos Dujos
At the end of 2003, Gazprom and the Lithuanian State Property Fund approved a purchase and sale agreement for a 34% stake in the Lithuanian gas distribution company Lietuvos Dujos.
According to the privatization program of Lietuvos Dujos, approved in summer 2002, 34% of the company's shares were to be acquired by a strategic foreign investor and the main gas supplier. There was no problem with the implementation of the first stage of the program - 34% of Lietuvos Dujos shares were sold to a consortium of German companies Ruhrgas AG and E.ON Energie for 116 million litas (33.6 million euros). In September 2002, Gazprom sent an application to the tender committee with a proposal to acquire a stake in Lietuvos Dujos for $ 23 million. Such a low price did not suit the Lithuanian side, and in April 2003 Gazprom raised the price to $ 25.1 million. This offer also was rejected by the commission. Lithuania insisted that Gazprom should pay for the shares received no less than its German partners. In August 2003, Gazprom revised its bid again, estimating the shares of Lietuvos Dujos at LTL 100 million (EUR 28.96 million). At the same time, 91 million litas "Gazprom" is ready to pay at the time of the transaction, and the remaining 9 million litas - after January 1, 2004, if the Lithuanian government abandons state regulation of prices for gas supplied to large consumers in the country. Despite the fact that the proposed amount is 10% less than what Lithuania wanted to receive for the shares sold, in order to speed up the privatization process, the Lithuanian side made a compromise and agreed to the terms of Gazprom.
TsentrKaspneftegaz
At the end of 2003, the Russian government approved TsentrKaspneftegaz LLC as an authorized organization from Russia for joint development of hydrocarbon resources of the Tsentralnaya geological structure with Kazakhstan. The decision was made in accordance with the protocol to the agreement between the Russian Federation and Kazakhstan on the delimitation of the bottom of the northern part of the Caspian Sea.
TsentrKaspneftegaz was established in July 2003 by Gazprom and LUKOIL on parity terms. The purpose of the creation of the enterprise is to participate in the development of the Centralnaya structure together with the authorized organization from Kazakhstan - NC "KazMunayGas".
The Central structure is located within the Russian sector of the Caspian Sea, 150 km east of Makhachkala. The license for geological exploration of the site belongs to NK LUKOIL. In 2001, seismic surveys were carried out on the structure. According to LUKOIL's estimates, the recoverable reserves of Centralnaya are 521.1 million tons of oil and 91.7 billion cubic meters of gas. m of associated gas.
Debt restructuring of SIBUR OJSC
By the beginning of 2004, SIBUR's consolidated debt, including interest, had reached 67.86 billion rubles. As part of the debt restructuring, a decision was made to create a new company that will receive all of SIBUR's liquid assets. The old company will continue to supply raw materials to the enterprises of the new company, process them and sell products. After the full fulfillment of its obligations to all creditors, the old company must be liquidated.
On July 11, 2005, SIBUR and its subsidiaries - Sibur-Tyumen OJSC, Neftekhim-Leasing OJSC, Sibur-Neftekhim OJSC, SiburTyumenGaz OJSC - registered AKS Holding OJSC.
Gazprom received 100% of shares in AKS Holding.
Exchange of assets with NOVATEK
In October 2004, Gazprom and NOVATEK entered into an asset swap agreement. Under this agreement, Gazprom received 100% of OOO Purgazdobycha in exchange for an 8.34% stake in OAO Purneftegazgeologia.
LLC Purgazdobycha holds a license for the West Tarkosalinskoye field.
Sevmorneftegaz
In October 2001, OAO Gazprom and OAO NK Rosneft signed an agreement on the joint development of a number of oil and gas fields located in the Yamal-Nenets Autonomous Okrug and on the shelf of the Pechora and Barents Seas. Gazprom and OJSC NK Rosneft-Purneftegaz on behalf of Rosneft established CJSC Sevmorneftegaz. The parties received equal shares in the authorized capital of the enterprise. In December 2002, Sevmorneftegaz received licenses for the use of the Prirazlomnoye and Shtokman fields.
In December 2004, Gazprom bought out 50% of ZAO Sevmorneftegaz from Rosneft.
Stimulus
In 1993, Orenburggazprom LLC and the American company Avalon International created a joint venture CJSC Stimul. Orenburggazprom received 51% of Stimul's shares, Avalon International - 49%.
In 1996, the company began production of oil and gas condensate at the Artinsko-Sakmarskaya deposit of the Orenburg field. In 1999, Orenburggazprom transferred a license for this area to Stimul.
A few years later, Avalon International sold its stake in Stimul to Victory Oil. In 2000, an additional issue of Stimul shares was carried out, as a result of which the share of Orenburggazprom was reduced to 38.2%, and the share of Victory Oil increased to 61.8%. Gazprom tried to regain control of the company by filing lawsuits in various courts, but this tactic was unsuccessful.
In June 2004, Gazprom, Victory Oil and Magnum Oil signed a package of agreements on the purchase by Gazprom of a block of shares in Stimul CJSC and the settlement of all disputed issues. Under the agreements, Gazprom bought out 12.8% of the shares of Stimul CJSC from Victory Oil. Taking into account this transaction, the total share of Gazprom and Orenburggazprom in the share capital of Stimul CJSC reached 51%.
At the end of 2006, Gazprom bought out 49% of the shares of Stimul CJSC from the offshore Botichelly Ltd, increasing its stake to 100%.
Gas-Invest (Czech Republic)
In February 2005, Gazprom acquired 37.5% of the Czech gas distribution company Gas-Invest. The shares were purchased by the Berlin-based company Zarubejgas-Erdgashandell GmbH, whose sole shareholder is Gazexport LLC.
Gas-Invest started its work in 1995. The company supplies Russian gas to the Czech market on the basis of a long-term contract with Gazexport. In addition, on the basis of an agency agreement, Gas-Invest represents the interests of Gazprom in the Czech Republic and has exclusive rights to additional supplies of natural gas from Russia to the Czech market.
The plan for the merger of "Rosneft" with "Gazprom"
In the fall of 2004, the Russian government made a decision to transfer the state block of shares in Rosneft to Gazprom's balance sheet. As a result of this transaction, Rosneft will become a 100% subsidiary of Gazprom, and the state's share in the authorized capital of the merged company will exceed 50%, which will restore shareholder control over Gazprom, which was lost as a result of privatization. The merged company was named Gazpromneft.
In the summer of 2005, the Russian government turned away from plans to merge Rosneft and Gazprom. It was decided that the state would buy out the missing shares of Gazprom from its subsidiaries. It was decided to obtain funds for the purchase of shares through the privatization of Rosneft.
Northgas
CJSC Northgas Limited was established in 1993 to develop the Neocomian deposits of the Severo-Urengoyskoye field. The founders were Urengoygazprom LLC (51%) and the British offshore company Farco Group (49%).
In 1999, after an additional issue of shares by Northgas, the share of Urengoygazprom was reduced to 0.55%. Subsequently, a controlling stake in ZAO Northgas was acquired by REDI Limited (Great Britain). In 2003, another additional issue was carried out, after which CJSC Northgas was transformed into LLC Northgas, and then into OJSC Northgas. As a result of these transformations, the share of Urengoygazprom dropped to zero.
In 2004, Gazprom began making efforts to regain control of Northgas. Gazprom has filed dozens of lawsuits, and also began to restrict the intake of gas produced by Northgas into the transportation system. On June 10, 2005, OJSC Gazprom, LLC Urengoygazprom and the shareholders of OJSC Northgas signed an agreement on the free transfer of 51% of shares in Northgas to Urengoygazprom.
Return of the controlling stake in Gazprom to state ownership
In the summer of 2005, a controlling stake in Gazprom passed into state ownership. A 10.74% stake in Gazprom was acquired by the state-owned company Rosneftegaz from subsidiaries of OJSC Gazprom (CJSC AB Gazprombank, LLC Gazprominvestholding, NPF Gazfond and JSC Gazpromfinance BV). For a 10.74% stake in Gazprom, the state paid $ 7.15 billion.
Reform of the structure of "Gazprom"
On August 25, 2005, the Gazprom Management Committee reviewed information on the progress of the plan of measures to improve the internal corporate governance structure. The Management Board considered it expedient to create specialized subsidiaries:
- Gazpromneftedobycha (oil and condensate production);
- Gazprom-UGS (underground gas storage facilities);
- Gazprompererabotka (processing of gas and liquid hydrocarbons);
- Gazpromtsentrpodzemremont (overhaul and underground repair of wells at gas storage facilities); Gazpromseverpodzemremont and Gazpromyugpodzemremont (overhaul and underground workover of gas, gas condensate and oil wells in Western Siberia and southern Russia, respectively);
- "Gazpromavtogaz" (a network of automobile gas filling stations).
- assets used in underground gas storage must be transferred to Gazprom-UGS LLC;
- well workover assets from gas producing subsidiaries - to OOO Gazpromseverpodzemremont and OOO Gazpromyugpodzemremont;
- well workover assets from gas transmission subsidiaries - to OOO Gazpromtsentrpodzemremont;
- gas production assets - from gas transmission subsidiaries to gas production subsidiaries;
- gas transmission assets - from gas production subsidiaries to gas transmission subsidiaries;
- assets for the repair of compressor station equipment - at Tsentrenergogaz DOAO;
- communication enterprises - in LLC Gazsvyaz;
- motor transport assets after staffing emergency and recovery units of subsidiaries of OAO "Gazprom" - in specialized organizations.
Deposits of the Ob Bay
In 2005, Gazflot discovered new hydrocarbon deposits on the shelf of the Ob Bay. Hydrocarbons were found at depths of over 2.5 thousand meters.
The recoverable reserves of the Severo-Kamenomyskoye field and the Kamenomysskoye-Sea only in the upper layers (Cenomanian deposits) are estimated at 800 billion cubic meters. m of natural gas.
Field development in Venezuela
In September 2005, Gazprom won a tender for two licenses to develop offshore gas fields in Venezuela under the Rafael Urdaneta project (blocks Urumako-1 and Urumako-2). For the right to develop Urumako-1, Gazprom paid $ 15.2 million, and Urumako-2 - $ 24.8 million.
Gazprom established the companies UrdanetaGazprom-1 and UrdanetaGazprom-2, to which the functions of the operator for the respective licensed blocks were transferred.
Forecasted reserves of natural gas in the blocks are about 100 billion cubic meters. m. Licenses give the right to produce gas for 25 years. In May 2007, Gazprom completed the first stage of geological exploration and made a decision to drill exploratory wells.
Development of deposits in the Ustyurt region (Uzbekistan)
In January 2006, Gazprom and Uzbekneftegaz signed an Agreement on the basic principles and provisions of a production sharing agreement for the Urga, Kuanysh and Akchalak group of the Ustyurt region of the Republic of Uzbekistan. To implement the project, Gazprom created the operator Ustyurt-Zarubezhneftegaz LLC.
During the period from 2006 to 2008, Gazprom completed the first stage of geological exploration at the Agyinskiy, Akchalakskiy, Aktumsuk, Nasambekskiy, Shakhpakhtinskiy, Kuanyshskiy, Zapadno-Urginskiy investment blocks. As a result of the work, Gazprom recognized the Akchalak, Kuanysh and West Urginsky blocks as unpromising and decided to return the licenses.
Purchase of Sibneft
On September 28, 2005, Gazprom and Millhouse Capital signed documents to acquire 72.7% of Sibneft shares. The deal amounted to $ 13.09 billion.
Earlier, Gazprom bought a 3% stake in Sibneft from Gazprombank. As a result, Gazprom gained control over 75.7% of the shares of Sibneft.
On April 4, 2007, a regular auction for the sale of gas assets of Yukos Oil Company took place. The lot put up for auction included, among other assets, a block of shares in Sibneft in the amount of 20% of the authorized capital. The winner of the auction was Enineftegaz LLC, which represents the interests of the consortium of Italian companies ENI and Enel. The lot was purchased for 151.5 billion rubles with a starting price of 144.8 billion rubles.
After the end of the auction, it was announced that on November 14, 2006, Gazprom entered into an option agreement with ENI for the right to buy out part of Yukos's assets.
In April 2009, Gazprom bought out a 20% stake in Gazprom Neft from ENI.
Gazprom Neft
On May 13, 2006, an extraordinary meeting of shareholders of Sibneft OJSC took place, at which it was decided to change the company's name to Gazprom Neft OJSC.
Liberalization of the Gazprom share market
On December 23, 2005, Russian President Vladimir Putin signed the federal law "On Amendments to Article 15 of the Federal Law" On Gas Supply in the Russian Federation ", adopted by the State Duma of the Russian Federation on December 9, 2005 and approved by the Federation Council of the Russian Federation on December 14, 2005. The law is aimed at liberalization the market for Gazprom shares. It eliminated the division of the markets for the circulation of Gazprom shares, lifted the restriction on the share of Gazprom shares that may be owned by foreign citizens and organizations. According to the previous version of the law, the share of Gazprom shares owned by foreign citizens and organizations, should not exceed 20%, while at least 35% of the total number of ordinary shares of the organization-owner of the Unified Gas Supply System should be in federal ownership.
The new version of the law stipulates that the total share of ordinary shares of Gazprom owned by the Russian Federation cannot be less than 50% of the total number of ordinary shares plus 1 share. There are no restrictions on the ownership of Gazprom shares by foreign citizens and organizations.
V. Putin also signed a decree "On recognizing as invalid some decrees of the President of the Russian Federation." The presidential decree No. 529 of May 28, 1997 "On the procedure for the circulation of shares of the Russian joint-stock company" Gazprom "for the period of consolidation in federal ownership of the shares of the Russian of the company "Gazprom" and No. 1316 of October 31, 1998 "On the sale of a part of the federal-owned shares of the open joint-stock company" Gazprom ".
Gazprom zarubezhneftegaz
Zarubezhneftegaz CJSC was founded in September 1998. The founders were: Gazprom - 60.1%, Zarubezhneft - 24.9%, Stroytransgaz - 15%.
In 2007, Gazprom bought out shares in Zarubezhneftegaz from Zarubezhneft and Stroytransgaz. After the completion of the transactions, Gazprom became the sole owner of Zarubezhneftegaz shares.
Zarubezhneftegaz represents Gazprom's interests in a number of projects for the exploration and development of hydrocarbon deposits and the construction of oil and gas facilities outside of Russia.
Pennine Natural Gas Limited (UK)
In June 2006, Gazprom acquired the retail business of Pennine Natural Gas Limited to expand direct sales to commercial and industrial customers in the UK. The deal was completed by Gazprom Marketing and Trading. Pennine Natural Gas Limited is a gas retail marketing company.
Gas export monopoly
In 2006, the State Duma of the Russian Federation adopted in the second and third readings the Law on Gas Export, which gives Gazprom a monopoly right to supply gas outside Russia. The law gives the exclusive right to export gas to the organization-owner of the Unified Gas Supply System or its subsidiary, in the authorized capital of which the owner of the Unified Gas Supply System is 100%.
The Gas Export Law applies to gas produced from all types of hydrocarbon deposits and transported in a gaseous or liquefied state. However, it does not affect gas exports carried out in accordance with production sharing agreements that were concluded prior to the entry into force of the law.
The law was approved by the Federation Council of the Russian Federation and signed by the President of the Russian Federation.
JV based on the Orenburg Gas Processing Plant
On October 3, 2006, Gazprom and KazMunayGas NC JSC signed an agreement on the establishment of a joint venture based on the Orenburg gas processing plant and its modernization. In accordance with the document, the shares in the joint venture will be distributed on a parity basis.
The main activity of the enterprise will be the processing of hydrocarbons produced at the Karachaganak gas condensate field.
Under the Karachaganak Petroleum Operating B.V. and KazRosGaz LLP signed a purchase and sale agreement for Karachaganak gas.
KazRosGas is a joint venture between Gazprom and KazMunayGas. It was created in accordance with the agreement between the governments of the Russian Federation and the Republic of Kazakhstan on cooperation in the gas sector dated November 28, 2001. KazRosGaz purchases natural gas and processes its at the gas processing plant of Russia.The enterprise is registered in Kazakhstan, the parties own equal shares in its authorized capital.
Sakhalin-2
In 2005, Alexey Miller, Chairman of the Gazprom Management Committee, and Ieroen Van der Veer, Chief Executive Officer of Royal Dutch Shell, signed a Memorandum of Understanding on the exchange of assets within the framework of the Zapolyarnoye-Neocomian deposits and Sakhalin-2 projects. According to the memorandum, Gazprom was to receive 25% plus 1 share in the Sakhalin-2 project, and Shell - 50% in the Zapolyarnoye-Neocomian deposits project. The difference in value was supposed to be offset by cash or other assets.
The Sakhalin-2 project is carried out under the terms of the 1994 Production Sharing Agreement. It provides for the development of the Piltun-Astokhskoye and Lunskoye fields with reserves of 150 million tons of oil and 500 billion cubic meters of gas. The operator of the project is Sakhalin Energy, established by Shell (55%), Mitsui (25%) and Mitsubishi (20%).
In 2006, Gazprom revised its position on joining the Sakhalin-2 project. Under pressure from government agencies, Sakhalin Energy shareholders agreed to sell 50% plus 1 stake in the company to Gazprom for $ 7.45 billion. As a result of the deal, the shares of Sakhalin Energy's founders halved and amounted to: Shell - 27.5%, Mitsui - 12 , 5%, Mitsubishi - 10%.
Acquisition of OJSC "NOVATEK"
In autumn 2006, Gazprom acquired 19.4% of the ordinary shares of OAO NOVATEK. NOVATEK shares were purchased from Levit LLC and SWGI Growth Fund (Cyprys) Ltd. through the German subsidiary of Gazprom ZGG GmbH.
The parties agreed that the block of shares in NOVATEK, which will be owned by Gazprom and its affiliates, at any time will not exceed 19.9% of the outstanding shares of NOVATEK.
RosUkrEnergo
At the end of 2005, a conflict in the gas sector arose again between Russia and Ukraine. Ukraine expressed dissatisfaction with too high prices for gas supplied from Russia and demanded preferential terms. In case of refusal, Ukraine threatened to stop the transit of gas to Europe.
During the negotiations, Gazprom and NJSC Naftogaz of Ukraine reached an agreement on new conditions for gas supplies to Ukraine. As part of the agreement, Gazprom established RosUkrEnergo, in which it owned 50% of the authorized capital. The parties agreed that starting January 1, 2006, RosUkrEnergo will purchase Russian gas from Gazprom at a price of $ 230 per 1,000 cubic meters. m. To reduce the price of gas supplied to Ukraine, Ros-UkrEnergo will purchase Central Asian gas. As a result, the cost of gas on the Russian-Ukrainian border will be $ 95 per 1,000 cubic meters. m.
The tariff for the transportation of Russian gas through the territory of Ukraine has been agreed at the level of $ 1.6 for pumping 1,000 cubic meters. meters of gas at a distance of 100 km.
Experimental gas trading at the Mezhregiongaz ETP
In 2005, the Russian government decided to conduct an experiment to sell natural gas to industrial consumers at market prices. The trading scheme, called "5 + 5", provided that Gazprom and its subsidiaries would be able to sell up to 5 billion cubic meters on the stock exchange. m of gas and the same volume will be supplied by independent producers.
Experimental gas trading at the Mezhregiongaz ETP began in November 2006 and continued until the end of 2008.
Gazprom export
In 1999 Gazprom established Gazexport LLC.
In 2006 OOO Gazexport was renamed OOO Gazprom Export.
In 2007 OAO Gazprom consolidated all export activities into OOO Gazprom Export, including the sale of gas, oil, oil products, gas condensate and liquefied petroleum gases.
OOO Gazprom Export is a 100% subsidiary of Gazprom.
Extraction of methane from coal seams
In 2007, Gazprom acquired from Methane Investors, LLS and Methane Exploration and Prodution (Cyprus) Ltd 28.7% and 25.3% shares in the authorized capital of Kuznetsk Geological Production Company LLC.
LLC "GPK Kuznetsk" holds a license for prospecting, exploration and production of coalbed methane within the South Kuzbass group of coal deposits.
The predicted resources of coalbed methane in Russia are comparable in scale to traditional natural gas fields and are estimated at 49 trillion cubic meters. m, which is 15% of the world's methane-coal resources.
Acquisition of Salavatnefteorgsintez OJSC
In May 2007, Gazprombank, in the interests of Gazprom, acquired 53.92% of Salavatnefteorgsintez OJSC, which were owned by Bashkortostan.
The shares of Salavatnefteorgsintez were previously transferred to Gazprom for trust management and the gas concern already had operational control over the enterprise. But while the shares belonged to Bashkortostan, Gazprom was delaying the implementation of the investment program.
Salavatnefteorgsintez is one of the largest producers of butyl alcohols, gasoline, ethylene, propylene and polyethylene in Russia.
Acquisition of shares of OJSC Beltransgaz (Belarus)
In May 2007, Gazprom and the State Property Committee of Belarus signed an agreement regulating the procedure for Gazprom to acquire a 50% stake in Beltransgaz. The parties agreed that Gazprom will buy Beltransgaz shares in four stages during 2007-2010. At each stage, Gazprom will receive a 12.5% stake in Beltransgaz at a price of $ 625 million per stake. The first payment was made by Gazprom in June 2007.
Expansion of the resource base
In May 2007, Gazprom was declared the winner in the auctions for the right to use the subsoil of the Seyakhinsky, Nilivoisky and Tazovsko-Zapolyarny blocks located in the Yamalo-Nenets Autonomous Okrug.
The Seyakhinsky and Nilvoysky subsoil blocks are located on the Yamal Peninsula, 150 km east of the Bovanenkovskoye oil and gas condensate field, the license for the right to use the subsoil of which belongs to OOO Nadymgazprom. The Tazovsko-Zapolyarny block is located between the Tazovsky and Zapolyarny blocks, the subsoil user of which is Yamburggazdobycha LLC.
The predicted recoverable hydrocarbon resources of the C3 category of the Seyakhinsky area are 442.3 million tons of standard fuel, including 411 billion cubic meters of gas. m; Nilvoysky - 343.1 million tons of fuel equivalent, including gas - 295 billion cubic meters. m; Tazovsko-Zapolyarnoye - 207.7 million tons of fuel equivalent, including gas - 144 billion cubic meters. m.
On July 5, 2007, OOO Nadymgazprom and OOO Noyabrskgazdobycha won the auctions for the right to use the subsurface resources of the Nyakhobsky and Verkhnekhudoseysky blocks in the Yamalo-Nenets Autonomous Okrug.
The Nyakhobsky block is located in a promising oil and gas region in the southwestern part of the Yamalo-Nenets Autonomous Okrug. A gas pipeline is located 45 km east of the site, providing gas supply to the city of Salekhard.
The Verkhnekhudoseysky block is located 100 km east of the Lenskoye oil field and the Vostochno-Terelsky license block, licenses for the right to use the subsoil of which are held by OOO Noyabrskgazdobycha.
The expected recoverable resources of the Nyakhobsky block are 188 billion cubic meters. m of gas, the Verkhnekhudoseysky area - 216.3 billion cubic meters. meters of gas, 3.9 million tons of condensate and 18.3 million tons of oil.
Kovykta field
On June 22, 2007, Gazprom reached an agreement with TNK-BP International to acquire assets related to the Kovykta field. The parties agreed that Gazprom will buy 62.8% of the shares of RUSIA Petroleum, which holds the license for the Kovykta field, and 50% of the shares of the East Siberian Gas Company, which gasifies the Irkutsk Region.
RUSIA Petroleum has been developing the Kovykta field for over 10 years. Under the terms of the license agreement, in 2006 the field is to produce 9 billion cubic meters. m of gas. However, the terms of the license were not met. The company was unable to build an export gas pipeline, and the local gas demand is estimated at 2.5 billion cubic meters. m per year. However, RUSIA Petroleum did not produce this volume either - in 2006 only 0.03 billion cubic meters were extracted from the subsoil. m of gas. The patience of the Russian regulatory authorities ran out and the company was offered two options to choose from: start fulfilling obligations or hand over a license to an unallocated fund. To avoid revocation of the license, TNK-BP decided to sell the problem asset to Gazprom.
The implementation of the agreement was delayed, the deal has not been completed to date.
Gas pipeline Sudzha-Korenevo-Glushkovo
On October 9, 2007, in the Glushkovsky district of the Kursk region, solemn events took place dedicated to the commissioning of the Sudzha-Korenevo-Glushkovo gas branch pipeline. The new gas pipeline ensures the supply of gas from the system of main gas pipelines of the Uzhgorod corridor to consumers in the Korenevsky and Glushkovsky districts of the Kursk region. Previously, gas supply to the Kursk region was carried out in transit through the territory of Ukraine.
The length of the pipeline is about 51 km.
Asset swap with BASF
In 2007, Gazprom and BASF carried out related asset swaps. Under the agreements, Gazprom increased its stake in the authorized capital of Wingas GmbH to 50% minus one stake. BASF, in turn, received in the authorized capital of OJSC Severneftegazprom 25% minus one ordinary share and one preference share without voting rights, which is equivalent to a 10% share in the profit of the project.
Strategic gas fields
On November 28, 2007, the Russian government approved a list of gas fields of strategic importance.
In April-May 2008, the Russian government ordered to transfer to Gazprom 10 fields included in the list of strategic ones. Gazprom obtained the right to develop the Antipayutinskoye, West Tambeyskoye, Kruzenshternskoye, Malyginskoye, Severo-Tambeyskoye, Tasiyskiy, Semakovskoye, Tota-Yakhinskoye, Kirinskoye and Chayandinskoye fields.
Update: October 2008