Latest news
Putin criticizes Gazprom’s inefficiency
The Russian Prime Minister, Vladimir Putin accused Gazprom, the biggest Russian energy company, of being inefficient in its activity and refusing to share its LNG pipelines with independent producers.
read more... 22/02/2011
Gazprom agrees to join Eni’s Elephant oil field project in Libya
Gazprom, the Russian gas giant, has signed an agreement yesterday with the Italian gas company, Eni. The deal was signed in Rome and provides that Gazprom will buy a 33% stake in the Elephant oil field project in Libya, half of which is owned by Eni.
read more... 17/02/2011
Gazprom agreed to cut gas prices for some European customers
Russia's largest energy giant, Gazprom declared on Monday its intention to lower gas prices for some of its European customers. Decreased demand and lower prices on the spot market are the main reasons for the lowering prices for long-term supply contracts.
read more... 16/02/2011
Gazprom announces 15% price raise for gas delivered to Europe
According to a presentation to analysts and investors on Friday, Gazprom, the Russian state energy giant, announced that it will export more gas to Europe this year, but at a higher price, about 15%.
read more... 15/02/2011
Gazprom’s net profit down 9 percent in the third quarter
Russia's Gazprom, the biggest producer of natural gas in the world, announced on Thursday that its net profit declined 9% during the third quarter due to losses from the foreign exchange shifts, higher costs and poor European demand.
read more... 11/02/2011