Kiev claims court seized Dutch assets of Russia’s Gazprom over $2.6bn compensation bill

Published time: 5 Jun, 2018 06:43 Edited time: 5 Jun, 2018 07:42 A court has seized the Dutch assets of Russian energy major Gazprom to pay $ 2.56 billion in compensation to Naftogaz, the Ukrainian company has said. In February, the Stockholm arbitration court demanded that the Russian company pay for a shortfall in the […]

Kiev should justify economic expediency of gas transit via Ukraine – Gazprom

Gazprom has said that there will be no resources for transit through Ukraine in previous volumes, as Russia’s gas production recourse base is shifting northwards. The gas giant’s CEO, Aleksey Miller, was quoted as saying on Tuesday that transit for Ukraine in amount of 10-15 bcm annually may be preserved, but Kiev must justify its […]

Court ruled Ukraine must pay gas debt, Kiev’s victory claim hollow – Gazprom vice chair

A Stockholm arbitration hearing has validated the most important points of Gazprom’s delivery contract with Ukraine, the deputy chair of Russia’s gas giant has said, and Kiev will have to pay despite claiming it has won the case. “The main provisions of the contract were recognized as valid” by the Arbitration Institute of the Stockholm […]

Gazprom unseats ExxonMobil as world’s largest energy company

Published time: 25 Sep, 2017 12:18 Russia’s Gazprom has topped the S&P Global Platts 250 rating of the world’s energy companies. The company has ousted US oil and gas giant ExxonMobil which reigned for 12 years. Read more The Russian company is focused on geological exploration, production, transportation, storage, processing and sales of gas, gas […]

SPIEF 2017: “Let them dare!” – Gazprom CEO warns Ukraine over stealing Russian gas

Published time: 1 Jun, 2017 10:21 Gazprom has no reasons to worry about Ukraine siphoning gas destined for Europe as payment for a fine leveled against the Russian firm by Ukraine’s Antimonopoly Committee, explains CEO Aleksey Miller. “Let them dare!” Miller said on the sidelines of the 21st St. Petersburg International Economic Forum (SPIEF 2017) […]

Gazprom begins TurkStream pipeline construction

Published time: 8 May, 2017 00:59 Edited time: 8 May, 2017 01:29 Russian energy giant Gazprom has begun laying pipes for the Turkish Stream natural gas pipeline off the Russian Black Sea coast, Gazprom CEO Aleksey Miller said Sunday, days after the Sochi meeting between Turkish and Russian leaders. “Today, we started the practical implementation […]