The targets set for this year have been achieved thanks to the hard and dedicated work of Gazprom’s team. And of course it would not be possible without their highly responsible attitude and professional excellence.
I would like to wish you a merry Christmas and a happy New Year!
I wish you and your loved ones happiness, good health, a flourishing life, and all the best!
Now, let us go on with our work.”
Let me wish you a happy Oil and Gas Industry Workers Day.
As usual, we celebrate our professional holiday with industrial accomplishments and new plans for the future.
We have already achieved a lot this year. In the Kaliningrad Region, we put the offshore LNG receiving terminal and the Marshal Vasilevskiy floating unit into operation. This is a vital project for our country. Now, we can supply gas to the region directly, bypassing transit countries. We have brought the region’s energy security to a fundamentally new level.
Our main objective is to provide reliable gas supplies to consumers. We are doing that with great confidence, based on the market demand. This year, gas production has grown by nearly 5.5 billion cubic meters.”
Speech by Alexey Miller, Chairman of Gazprom Management Committee, at annual General Shareholders Meeting
“Gazprom is well-equipped to carry out the most cutting-edge projects of any scale. And the expertise we have gained in implementing our leadership strategy is key to our success and excellence.”
“China continues to steadily ramp up its gas consumption, which rose by 15 per cent in 2017 and by 18 per cent in 2018. Gas imports are growing even faster: last year, they surged by 32 per cent to 125.7 billion cubic meters. As a result, China became the world's largest natural gas importer for the first time in history.
The demand for natural gas in China is going to grow further. There is a need for reliable gas supplies for the long term. Pipeline gas is very important in this regard. Especially in the autumn/winter period with its spikes in gas demand, in particular in northern and northeastern China.
On December 1 this year, Russian pipeline gas will finally reach China. Over the course of 30 years, we will use the Power of Siberia gas pipeline – the so-called eastern route – to deliver more than 1 trillion cubic meters of gas to Chinese consumers. The resource base consists of large new fields in eastern Russia. Preparations for this landmark event are in full swing. Pre-development of the Chayandinskoye field continues, and the bulk of construction is completed on the linear part of Power of Siberia from Chayandinskoye to the Russian-Chinese border, where intensive efforts are being made to build the Atamanskaya compressor station.
Power of Siberia opens the way to China for Russian pipeline gas. We have two more supply projects on the agenda: deliveries from Russia's Far East and via the western route. If implemented, those projects could make Gazprom the number-one gas exporter in the Chinese market by 2035.
Gazprom has everything it needs for that: unique expertise and competencies in the gas sector, as well as an enormous resource base. I would like to draw special attention to the Yamal Peninsula. Yamal is not merely a new gas production center. It is an abundantly rich gas basin that will provide consumers with natural gas for over 100 years.
The fact that Yamal is a prolific gas basin means that the western route for Russian pipeline gas to China may become the most promising and important gas transmission corridor. This is why Yamal is particularly well placed to become the center of gas supplies both to the West and to the East. Especially to China.”