Gazprom

Gazprom is a global energy corporation that specializes in geological exploration, production, transportation, storage, processing, and sales of gas, gas condensate, and oil, as well as heat and electric power generation and marketing.

Gazprom's aim is to provide consumers with a dependable, efficient, and balanced supply of natural gas, other energy resources, and derivatives.

Gazprom's strategic goal is to consolidate its leadership position among global energy firms by diversifying sales markets, maintaining energy security and long-term development, increasing operational efficiency, and realizing its scientific and technological capabilities.

Gazprom has the largest natural gas reserves in the world. The Company holds a 16 percent and a 71 percent stake in the world and Russian gas reserves, respectively.

Gazprom is the world's largest gas producer, accounting for 12% of global gas output and 68% of domestic gas production. The Company is now working on large-scale gas development projects in the Yamal Peninsula, the Arctic shelf, Eastern Siberia, and the Russian Far East, as well as a number of hydrocarbon exploration and production projects in other parts of the world.

Gazprom is a dependable gas supplier to both Russian and international customers. The Company controls the world's largest gas transmission system, with a total length of 175.2 thousand kilometers within Russian borders. More than half of Gazprom's gas is sold to Russian consumers, while the company exports gas to more than 30 nations within and outside the former Soviet Union.

Liquefied natural gas (LNG) is produced and exported by Gazprom, one of Russia's major companies. In order to further improve its position in the fast-growing global LNG market, the Company is successfully expanding LNG sales within the existing Sakhalin II project and launching new projects.

Gazprom is one of the Russian Federation's top four oil producers. The company also holds significant power-generating assets, accounting for roughly 16% of the national energy system's total installed capacity. In addition, the Company is the leading producer of thermal energy in Russia.

In terms of the employment of green technologies across the entire production chain, Gazprom is a model of efficiency. Among the main oil and gas companies, the Company has the lowest carbon footprint.

Founded: 1989
Headquarters: St. Petersburg, Russian Federation
Market Cap: 105.198B
Website: https://www.gazprom.com/