Production

Gazprom Group holds the world's largest natural gas reserves.

As of December 31, 2009 the Group's A+B+C1 gas reserves (Russian standards) were estimated at 33.6 trillion cubic meters while oil and condensate reserves – at 3.1 billion tons.

As for the gas production volume amounting to around 14.5 per cent of the global total, Gazprom Group is one of the leading petroleum companies worldwide. In 2009 the Group produced 461.5 billion cubic meters of natural and associated gas, 10.1 million tons of condensate and 31.6 million tons of oil.

Natural gas from Central Asia is an essential element in Gazprom's resource base. Gazprom Group purchased 37.3 billion cubic meters of Central Asian gas in 2009.

Gazprom owns the world's largest gas transmission system capable of continuously conveying gas over long distances to Russian consumers and abroad. Gazprom's gas trunklines length exceeds 160.4 thousand kilometers.

Gazprom is intent on expanding chemicals production, enhancing valuable components extraction from natural gas and boosting advanced processing products output. In 2009 the Group processed 30.4 billion cubic meters of gas and 44.3 million tons of oil and condensate.

The power generation business development in Gazprom Group contemplates, inter alia, acquiring stakes in generating companies, building new generating facilities, as well as improving power distribution and network operation businesses. The Group's key assets in the Russian power industry are as follows: Mosenergo (53.47 per cent), TGC-1 (28.7 per cent), WGC-2 (56.6 per cent) and WGC-6 (60 per cent).

Gazprom is Russia's leading gas distributor. Gasification of Russian regions is therefore a major goal of the Group. In 2009 the gasification program covered 69 Russian constituents and investment in gasification projects is earmarked for 65 regions of the country in 2010.

In this section you will also find information about the most significant projects being implemented by Gazprom.