Gazprom

Gazprom In Figures

Share of global output of gas: 12%

Number of employees: More than 475,000

Gazprom is one of the largest energy companies in the world. It has over 475,000 employees and is the major player overseeing Russia’s natural gas reserves, the largest proven reserves in the world. Originally an asset of the Soviet and later Russian state, Gazprom is now a public company, with the majority shareholder being the Russian government.

A fully vertically integrated energy company, Gazprom’s major business lines are exploration, production, transportation, storage, hydrocarbon processing and marketing, heat generation and power generation.

Gazprom is primarily known for the supply of gas through its network of gas pipelines. The company has dozens of subsidiaries and major pipelines through which it delivers gas to many export markets.

Gazprom aims to ensure maximally efficient and balanced gas supply in Russia and abroad.

Gazprom News and Interviews

Israel strike on Iran’s giant South Pars gasfield shakes energy markets
NEWS
Iran - March 18, 2026

An Israeli strike on Iran’s South Pars gasfield has driven oil and gas prices higher and heightened energy security risks in…

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Hungary’s MOL to acquire majority stake in Serbia’s NIS
NEWS
Serbia - January 20, 2026

MOL Group has signed a deal to acquire a 56.15% stake in Serbia’s NIS from Gazprom Neft.

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TotalEnergies to exit South Africa gasfield
NEWS
South Africa - July 03, 2024

TotalEnergies has notified South Africa's oil and gas regulator that it plans to exit the 11B/12B offshore gasfield.

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Gazprom takes $1-billion Shell stake in Sakhalin-2 LNG
NEWS
Russia - March 26, 2024

Gazprom has acquired a 27.5% stake in the Sakhalin-2 LNG project from Shell for around USD 1 billion.

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YPF, Dow enter Argentina shale play
NEWS
Argentina - December 16, 2015

Argentine state-run oil company YPF and US company Dow Chemical’s local unit will invest $500 million in shale gas exploration in the South American country in 2016,…

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Russia cancels TurkStream
NEWS
Russia - December 03, 2015

Russian energy minister Alexander Novak said Thursday that preparatory work on the planned TurkStream pipeline project had been cancelled over the downing of a Russian…

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Gazprom to buy Cameroon LNG
NEWS
Cameroon - November 27, 2015

Russia’s gas giant Gazprom will buy all of the LNG produced from the Cameroon Perenco LNG export plant, slated to begin production in 2017.

The Russian company…

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Russia halts gas supply to Ukraine
NEWS
Ukraine - November 25, 2015

Russia’s Gazprom has cut off its supply of natural gas to Ukraine, saying it is waiting for an upfront payment.

Alexei Miller, CEO of the state-run gas company,…

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Petrofac wins Iraq training contract
NEWS
Iraq - October 13, 2015

Petrofac has been awarded a “multimillion-dollar” technical training services contract by Shell in Iraq.
Petrofac Training Services will join in the operation of…

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Egypt to buy 55 LNG cargoes
NEWS
Egypt - October 13, 2015

Egypt’s EGAS will purchase 55 cargoes of LNG from seven companies, the gas company announced on Monday.

Successful bidders include Shell, PetroChina, Noble Group,…

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