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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Iran to unveil 14 oil and gas tenders
NEWS
Iran - July 11, 2017

Iran is preparing 14 tenders for exploration of the country’s oil and gasfields, an official said at the World Petroleum Congress on Monday.

Speaking at the event…

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Iran signs milestone contract with Total
NEWS
Iran - July 03, 2017

Iranian officials signed a contract with a Total-led consortium for the development of phase 11 of the super-giant South Pars gasfield on Monday.

The deal marks the…

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Rosneft strikes oil in the Arctic
NEWS
Russia - June 19, 2017

Rosneft, the world’s premier listed oil company by output, said on Sunday it had discovered its first Arctic oilfield.

“During the drilling of the…

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Rosneft to invest USD 8.5 bln in offshore
NEWS
Russia - June 14, 2017

Russia’s Rosneft, the world’s leading listed oil company by output, told international media on Wednesday that it was planning to invest RUB 480 billion (USD 8.47…

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Gazprom to sign Bolivia agreements
NEWS
Bolivia - May 29, 2017

Bolivia is hoping to sign several gas exploration agreements with Russia’s giant Gazprom on the sidelines of the 21st St. Petersburg International Economic Forum this…

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TurkStream construction to start in days
NEWS
Multinational - May 05, 2017

Russia’s Gazprom is set to start building the TurkStream gas pipeline ahead of schedule, local media reported on Thursday.

“We have finished all preparatory and…

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Gazprom, Total post profits
NEWS
Multinational - April 27, 2017

Russian Gazprom’s annual profit in 2016 was up 21% and French major Total’s net income in Q1 2017 was up 77% from the same quarter the year before, the companies said…

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