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

Gazprom Net Worth, 3.0 out of 5 based on 2 ratings

Gazprom Latest News

Gazprom Neft to Boost Dividend as Output Growth Leads Oil Sector

Gazprom Neft PJSC, the oil subsidiary of Russia’s biggest natural-gas exporter, is set to boost dividends in the next several years. The question is by how much. The payout may rise to 15 rubles (21 cents) a share in 2019 from about 10.68 rubles this ...
Posted: August 10, 2017, 1:03 am

Gazprom Neft' : Neft eyes Serbia`s Petrohemija

Gazprom Neft plans to increase its stake in HIP Petrohemija to 21% in the next 6 months, Kommersant said quoting market sources. Russia`s Lukoil, in turn, will receive a 3% shareholding in the capital of HIP Petrohemija, the newspaper said. Earlier this ...
Posted: August 19, 2017, 1:48 am

Gazprom boosts natural gas exports to Turkey & Southern Europe

Gazprom has also reported extending of shipments across Europe. Exports of natural gas to Serbia were up 40.8 percent and Hungary 22.4 percent. Supplies to Greece rose by 13.2 percent, while shipments to Bulgaria were up 11.1 percent. Exports by Gazprom to ...
Posted: August 17, 2017, 2:45 am

Gazprom expects no changes to key projects from new U.S. sanctions

MOSCOW (Reuters) - Gazprom said on Monday that new U.S. sanctions against Moscow would not result in the Russian gas exporter having to make changes to key projects, although they could cause delays. Several provisions of the sanctions law signed by U.S ...
Posted: August 14, 2017, 9:27 am

Gazprom's gas exports inch higher

Aug. 17 (UPI) --Russia natural gas company Gazprom said it's scaling up its deliveries to consumers that would be fed eventually by a pipeline through Turkey. The company said its natural gas shipments to countries outside the Russian commonwealth were up ...
Posted: August 17, 2017, 6:38 am
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