rss https://www.gazprom.com/?from=rss https://www.gazprom.com/f/1/global/i/gazprom_logo_en.pngrssgazprom.ru8842https://www.gazprom.com/?from=rssGas reserves in Europe's underground storages being replenished at slower paceWed, 04 Jun 2025 12:20:00 +0300June 4, 2025

According to Gas Infrastructure Europe, working gas inventories contained in Europe's underground gas storage facilities amounted to 48.6 billion cubic meters as of May 31. This figure is 1.5 times (21.8 billion cubic meters) less than on the same day in 2024.

At the same time, in May, a total of 8.9 billion cubic meters of gas were injected into European UGS facilities, which is 1.1 billion cubic meters less than the average for this month over the previous ten years (the 2015–2024 seasons).

To fill Europe's UGS facilities to at least the target level of 90 per cent by November 1, 2025, European operators will have to inject 41.9 billion cubic meters of gas in the next five months. It means that they are to inject 1.5 times more gas than in the same period of last year.

Thus, the gas injection situation at European UGS facilities is becoming increasingly tense. To reach said target level, European operators are to ramp up their injection rates, and they will have to do it during the scheduled repair operations to be performed on the gas infrastructure of Europe in summer.



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https://www.gazprom.com/press/news/2025/june/article581668/https://www.gazprom.com/press/news/2025/june/article581668/?from=rss
Famil Sadygov: “Gazprom starts year 2025 confidently”Fri, 30 May 2025 14:45:00 +0300May 30, 2025

Famil Sadygov, Deputy Chairman of the Gazprom Management Committee:

“Gazprom started the year 2025 confidently. In January-March, the key financial indicators of the Group remained high.

The Gazprom Group's revenue for the first quarter of 2025 rose to RUB 2,809 billion. A significant contribution to the final result was made by the gas business, as its share in the Group's total revenue increased to 60 per cent versus 56 per cent recorded in the first quarter of 2024. The growth of export gas prices observed in the first quarter of 2025 helped offset the adverse effect of the downward trend in oil prices.

The EBITDA for January-March 2025 totaled RUB 844 billion. A positive factor that contributed to this figure was the reduction of tax payments due to the abolishment of the additional severance tax on gas. At the same time, the generation of EBITDA was held back by exchange losses on the operating items.

The Net Profit of the Gazprom Group increased to RUB 660 billion. The Net Profit was significantly influenced by, inter alia, the appreciation of the ruble, which created profit from exchange rate differences as a result of revaluation of foreign currency liabilities.

The Operating Cash Flow adjusted for changes in the amount of short-term bank deposits reached RUB 963 billion. The result was facilitated, inter alia, by the decrease in trade receivables.

The Operating Cash Flow was more than sufficient to cover the capital expenditures. As a result, the Free Cash Flow adjusted for deposits totaled RUB 273 billion, which is 32 per cent more than in the first quarter of 2024. The Free Cash Flow fully covered the interest payments on the Gazprom Group's debt obligations.

The Total Debt decreased by RUB 641 billion to RUB 6.1 trillion. The positive dynamics reflect the previously mentioned appreciation of the ruble. In addition, in the first quarter of 2025, the amount of debt repayment exceeded the amount of borrowings by RUB 87 billion.

Since the end of 2024, the Net Debt adjusted for deposits decreased by 10 per cent to RUB 5.1 trillion. The generated positive Free Cash Flow contributed to the decline of this indicator.

The (Adjusted) Net Debt/EBITDA ratio decreased to 1.68 against 1.83 observed at the end of 2024, reaching its minimum since the end of 2022.”



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Alexey Miller: “Power of Siberia gas pipeline delivers to China the first 100 billion cubic meters of Russian gas”Fri, 30 May 2025 12:10:00 +0300May 30, 2025

Alexey Miller:

“The Power of Siberia gas pipeline has delivered to China the first 100 billion cubic meters of Russian gas out of more than a trillion cubic meters to be supplied under the largest gas contract in the history of the industry. This is just the beginning of a long journey. The contract is in force until mid-2049. In 2027, Russian gas will start to be supplied to China via the second, i.e. Far Eastern, pipeline route.

Our partnership with China is based on mutual trust and the shared aspiration to develop and thrive. As our Chinese colleagues say, the longer the friendship is the stronger it is. The projects like Power of Siberia and the Far Eastern route mean more than supplies of clean energy. They mean a strong bond between our countries and people, as well as a mutually beneficial cooperation for many years to come.”

Background

The supplies of Russian gas to China via the Power of Siberia gas pipeline started in 2019 under the long-term Sales and Purchase Agreement between Gazprom and CNPC. Each year since 2020, the supplies have been in excess of the annual contractual obligations of Gazprom.

On December 1, 2024, following China's request, the daily exports via the Power of Siberia gas pipeline were brought to the maximum contractual level one month earlier than initially scheduled. Since then, three new all-time highs for daily gas exports to China via Power of Siberia have already been recorded.

Throughout 2024, Gazprom's pipeline gas supplies grew by more than 35 per cent and covered about a quarter of China's additional demand for gas.

 



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In January–April 2025, Gazprom brings gas to 55 Russian localities in seven federal districtsThu, 29 May 2025 14:20:00 +0300May 29, 2025

A total of 6,700 households and 40 boiler houses were provided with the possibility to switch to network gas. To that end, Gazprom built 96 inter-settlement and intra-settlement gas pipelines. Inter alia, in April, the Company completed the construction of the inter-settlement gas pipeline to seven localities in the Kaluga Region: the villages of Bryukhovo, Durakovo, Nikitsk, Sverdlovo, Tishinino, as well as the rural settlements of Nikitskoye and Peredel (Medynsky District).

In the Pskov Region, for the first time ever, pipeline gas was brought to the Pushkinogorsky District, when Gazprom launched a gas pipeline branch complete with the Pushkinskiye Gory gas distribution station (GDS), as well as a gas pipeline stretching from said GDS to the workers' settlement of Pushkinskiye Gory. In the future, the gas pipeline branch and the gas distribution station will supply gas to a total of six localities in the district.

The work on the expansion of the gas supply and gas infrastructure network is underway in 72 constituent entities of the Russian Federation under the 2021–2025 programs.

Gazprom is currently drawing up the 2026–2030 programs for gas supply and gas infrastructure expansion in Russian regions.

Said programs will provide the main contribution to the achievement of a 100 per cent technically possible gas grid coverage in Russia by 2030. The goal is set by Vladimir Putin, President of the Russian Federation.

Inter alia, for the first time ever, said programs will be signed with the Krasnoyarsk Territory, the Jewish Autonomous Region and the Murmansk Region.

In the Khabarovsk Territory, nearing completion is the construction of gas pipeline branches to switch the consumers of the Okha – Komsomolsk-on-Amur gas pipeline to the Sakhalin – Khabarovsk – Vladivostok gas trunkline.

The launch of the facilities is planned for summer 2025. In parallel, Gazprom is concluding long-term contracts for consumer gas supplies. The connection to Gazprom's infrastructure will ensure more reliable gas supplies for the regional consumers.

The matters pertaining to gas supply and gas infrastructure expansion in the constituent entities of the Russian Federation were considered by the Gazprom Management Committee today.



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Gazprom Board of Directors resolves to use absentee voting for decision-making by General Shareholders MeetingThu, 22 May 2025 15:37:00 +0300May 22, 2025

The deadline for the submission of voting ballots is June 26, 2025.

Time period to be observed and methods to be used for the submission of voting ballots.

Only the votes represented by voting ballots and declarations of intention that are received before 06:00 pm (Moscow time) on June 26, 2025, are to be taken into account to determine whether the quorum of the absentee voting is present and to count the voting results.

Starting from June 6, 2025, shareholders will be able to use the option of filling out electronic ballots at the elgol.draga.ru website. The filled-out ballots in hard copy can be sent by mail to the address: Gazprom, BOX 1255, St. Petersburg, 200961, or delivered in person to the address: 2/3 Lakhtinsky Avenue, Bldg. 1, St. Petersburg.

The Board of Directors approved the agenda of the absentee voting as follows:

  • approval of the Company's Annual Report;
  • approval of the Company's Annual Accounting (Financial) Statements;
  • approval of the distribution of the Company's profit based on the results of 2024;
  • on the amount, period and form of the dividend payout based on the results of 2024, as well as on the date when the list of persons entitled to receive dividends is drawn up;
  • appointment of the Company's Auditor;
  • on the remuneration for the Board of Directors Members, who are not governmental officials, in the amount established by the Company's regulatory documents;
  • on the remuneration for the Audit Commission Members, who are not governmental officials, in the amount established by the Company's regulatory documents;
  • on the approval of the amended Articles of Association of Gazprom;
  • on the early termination of membership in the Company's Board of Directors;
  • election of the Company's Board of Directors Members;
  • election of the Company's Audit Commission Members.

The Board of Directors approved and submitted to the Shareholders Meeting for consideration the draft of the amended Articles of Association of Gazprom. The amendments to the Articles of Association had been made mainly to reflect the changes in the Federal Law on Joint Stock Companies.

The Board of Directors provisionally endorsed the 2024 Annual Report of the Company and the 2024 Annual Accounting (Financial) Statements of Gazprom prepared in accordance with the Russian legislation.

The Board of Directors recommended that the Shareholders Meeting approve the following proposed solutions: not to distribute Gazprom's profit based on the results of 2024, not to declare and not pay out dividends on Gazprom's shares.

The Board of Directors nominated FBK for appointment as the Company's Auditor by the General Shareholders Meeting of Gazprom. FBK had been selected for said nomination on the basis of the results of an open tender.

The Board of Directors also adopted decisions on other issues with regard to the arrangement and holding of the absentee voting for decision-making by the General Shareholders Meeting of Gazprom.



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Famil Sadygov: “Gazprom Group demonstrates excellent performance in terms of several key financial indicators in 2024”Wed, 30 Apr 2025 15:45:00 +0300April 30, 2025

Famil Sadygov, Deputy Chairman of the Gazprom Management Committee:

In 2024, the Gazprom Group demonstrated excellent performance in terms of several key financial indicators, which proved the efficiency and stability of its business model.

A significant contribution to this was made in the fourth quarter of 2024, as said period is traditionally the time of strong results for Gazprom due to seasonality. For instance, the EBITDA of the Gazprom Group for October-December 2024 totaled RUB 966 billion, which is one the highest quarterly figures ever observed in the entire history of Gazprom. A contribution to the result achieved in the fourth quarter was, inter alia, from the growth of gas supplies to foreign markets, including the increased export supplies to China which were brought to their maximum contractual level on December 1. Favorable price dynamics also facilitated the improvement of the financial results.

I would like to note that in 2024 there was an upward trend in the Gazprom Group's EBITDA and revenue: both indicators demonstrated a quarterly growth versus the same periods of 2023.

For the entire year 2024, EBITDA rose by 76 per cent to RUB 3.1 trillion. This is the third largest result in the entire history of the Gazprom Group; the only time the Company demonstrated higher figures was in 2021–2022, when prices in Europe's gas market were soaring to unprecedented highs. The largest contribution in 2024 was made by the gas business; other sectors of the Company's business also secured a consistently high result.

In 2024, the Gazprom Group's revenue rose by 25 per cent versus 2023 and totaled RUB 10.7 trillion. This is the second highest result in the entire history of Gazprom. The revenue growth was ensured by each sector of the Gazprom Group's business.

The net profit of the Gazprom Group amounted to RUB 1.219 trillion versus the loss observed in 2023 (said loss was largely due to non-monetary expenditure items). The net profit was considerably facilitated by the decrease in exchange losses on foreign currency liabilities, as well as by the increase in the interest income from the placement of monetary funds, as this increase offset the growth of interest expenditures. The net profit adjusted for non-monetary items reached RUB 1.433 trillion, which is a two-fold increase of this indicator versus 2023.

It is also important to emphasize the continuous work we perform to control operational and capital expenditures. Due to these efforts, inter alia, the Gazprom Group's capital expenditures were reduced by 3 per cent to RUB 2.4 trillion in 2024, despite the inflationary pressure.

Gazprom pays great attention to controlling the debt burden. In 2024, the Gazprom Group's debt repayment exceeded the borrowings by RUB 116 billion, which mitigated the negative effect from the revaluation of the debt portfolio in foreign currency against the backdrop of the growing currency exchange rates. As a result, the Gazprom Group's Total Debt remains approximately at the level observed in 2023 (RUB 6.7 trillion).

Gazprom also maintains a significant liquidity cushion, which totaled RUB 1.034 trillion in 2024. Such amount of fund reserves on the balance ensures a high level of financial stability at the Gazprom Group, even under sanctions pressure.

The (Adjusted) Net Debt/EBITDA ratio dropped to 1.8 against 2.8 observed at the end of 2023. This also confirms that the Gazprom Group strengthened its financial position in 2024.”



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Gazprom Management Committee reviews results for 2024–2025 autumn/winter periodThu, 24 Apr 2025 14:05:00 +0300April 24, 2025

It was noted that, during the period of the traditionally increased gas demand, Gazprom once again provided reliable energy supplies to Russian and foreign consumers. Special attention was paid to the gas supplies that serve the needs of the population, power generation and public utility enterprises in Russia.

New all-time highs were reached in terms of gas supplies.

In October and November 2024, the volumes of gas delivered to Russian consumers from Russia's Unified Gas Supply System (UGSS) hit the previous records for these months and totaled 32.6 and 39.7 billion cubic meters, respectively.

In addition, in April 2025, when the 2024–2025 autumn/winter period was over in Russia, the daily high for supplies from Russia's UGSS for this month has been topped twice. Said amounts are commensurate with gas consumption in winter periods. The maximum amount of 1.217 billion cubic meters was reached on April 9.

On December 1, 2024, following China's request, Gazprom brought the daily gas exports via the Power of Siberia gas pipeline to the maximum contractual level one month before the scheduled date. After that, the Company broke the all-time records for its daily gas exports to China three times (on December 7, December 20 and March 3).

Gazprom's processing and power generation enterprises operated reliably during the cold period.

Power generation facilities provided sustainable supplies of power and heat to consumers. Processing plants completed their tasks of producing the core products from natural gas, gas condensate and oil.

In order to ensure a reliable operation of Gazprom's production complex in the 2025–2026 autumn/winter period, the Management Committee tasked the relevant structural units and subsidiaries to:

  • by the beginning of the withdrawal season, stockpile 73.170 billion cubic meters of working gas inventories in Russia's UGS facilities, thus reaching a new all-time high. The potential maximum daily deliverability of Russia's UGS facilities will be maintained at the previously achieved record-high level of 858.8 million cubic meters. The working gas inventories in the Republic of Belarus will amount to 1.14 billion cubic meters, and in the Republic of Armenia – 0.107 billion cubic meters;
  • develop the Basic Guidelines on preparing the facilities of Gazprom's entities for the 2025–2026 autumn/winter period;
  • perform scheduled preventive maintenance and repair works, implement plans and programs for the renovation and new construction of gas productiontransmission, underground storage and processing facilities, as well as prepare transportation vehicles and specialized equipment for operation during the winter season.


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Gas bill settlement rate in domestic market keeping its growth upTue, 22 Apr 2025 14:55:00 +0300April 22, 2025

In 2024, this figure with regard to all groups of Gazprom's gas consumers, i.e. Russian residents, industrial and public utility enterprises totaled 98.2 per cent. The development of the convenient Personal Account digital service is among the factors positively affecting the payment collection rate.

Every third Gazprom's client is already using the Personal Account service.

The Company's clients can use it to make a payment for gas, set up an automatic payment, submit gas meter readings, and do many other things. In 2024, the number of users of this online service reached 10.6 million people, and the collection rate of payments via the service grew by 29 per cent.

The outstanding consumer debt is decreasing for the fourth year in a row.

Throughout 2024, the total overdue debt for the supplied gas was reduced by RUB 13.2 billion to RUB 139.8 billion. The largest debt reduction is observed in the Arkhangelsk, Yaroslavl, Bryansk, and Moscow Regions, as well as in the Krasnodar Territory.

Gazprom applies a targeted approach to debtors in order to reduce the debt for the gas supplied. In particular, the Company jointly with regional authorities develops repayment schedules for overdue debts of heat suppliers. Gazprom also regularly updates client bases and takes initiatives to improve the existing legislation that regulates the procedure of paying for gas.

Today, the Gazprom Board of Directors reviewed the information about improving the payment discipline, as well as the measures being taken to recover the debt for the gas supplied.



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Construction of Belogorsk – Khabarovsk gas pipeline in Russian Far East going on scheduleTue, 22 Apr 2025 14:40:00 +0300April 22, 2025

The Belogorsk – Khabarovsk gas pipeline will connect the existing Power of Siberia and Sakhalin – Khabarovsk – Vladivostok gas pipelines. This is the primary stage of the “Eastern Gas Supply System (EGSS)” Gas Trunkline System project. The EGSS project provides for a comprehensive development of gas transmission capacities in eastern Russia and their further integration with the gas transmission system in the European part of the country.

The construction of the Belogorsk – Khabarovsk gas pipeline is 37.6 per cent complete.

In particular, by now, as many as 356 out of 828 kilometers of the gas pipeline have already been welded, laid and backfilled. The construction of the submerged crossings under the Arkhara and Tom Rivers was completed, and work is in progress on the crossings under the Amur, Bureya, Tuguska, and Zeya Rivers.

In the future, it is planned to add gas pipeline branches to the Belogorsk – Khabarovsk gas pipeline to expand the gas grid coverage in the cities of Belogorsk and Birobidzhan located along the gas pipeline route.

Preparatory works are underway on another EGSS section.

Laser scanning of the area was performed and comprehensive engineering surveys are nearing completion at the section between the existing Anganskaya and Alexandrovskaya compressor stations. This section will connect the existing gas trunklines running across the Khanty-Mansi Autonomous Area – Yugra and the Tomsk Region. It will create possibilities for supplying additional gas volumes to the consumers in the Republic of Altai, the Altai Territory, as well as the Kemerovo, Novosibirsk and Tomsk Regions.

EGSS is a transition of onshore gas pipelines to the record-high pressure of 150 atm.

Russian pipe manufacturers created a unique steel pipe of K70 strength class with a diameter of 1,420 millimeters for Gazprom and mastered the production of this item. The new-generation pipes are designed for the working pressure of 150 atm (14.7 MPa), a record-high pressure for onshore gas pipelines. Russia will become the first country in the world that uses such pipes for the construction of gas pipelines.

The innovative solution makes it possible to increase the gas pipeline's throughput capacity without significant changes in its metal consumption and requires fewer compressor stations. As a result, we observe optimized capital and operational costs combined with a high reliability of gas transmission.

Welding procedures have already been adopted for the construction of EGSS gas pipelines with the use of the new-generation pipes. Russian industrial enterprises have developed equipment for compressing, purifying and cooling gas at the working pressure of 150 atm. The creation of pipeline fittings and shut-off and control valves that are compliant with the specified requirements is at its final stage.

Today, the Board of Directors approved Gazprom's work on implementing the “Eastern Gas Supply System” Gas Trunkline System project.



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Working meeting between Alexey Miller and Abdulvahit Fidan, Chairman of Board of Directors and General Manager at BOTAS (Türkiye), takes placeWed, 16 Apr 2025 15:44:00 +0300April 16, 2025

The parties discussed the state and prospects of mutually beneficial cooperation between them. 

Background

BOTAS, a Turkish state-owned oil-and-gas company, is one of the biggest players in Türkiye's natural gas market.

For almost 40 years, BOTAS has been Türkiye's main importer of Russian gas. In addition, the constructive interaction between Gazprom and BOTAS made it possible to successfully implement the Blue Stream project and the TurkStream project. In particular, the parties jointly built the transit gas pipeline across Türkiye stretching from the Black Sea coast to the country's border with Bulgaria.

 



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Gazprom’s current gas supplies to Russian consumers remaining record-high for the month of AprilThu, 10 Apr 2025 19:00:00 +0300April 10, 2025

The recently reached daily high for gas supplies is already topped: on April 9, as many as 1.217 billion cubic meters of gas were delivered to consumers via the Unified Gas Supply System of Russia.

The growth in gas consumption by Russian residents is due to an abnormally cold weather being observed in the Central, Northwestern and Southern Federal Districts of Russia.

Background

The previous daily maximum for April was recorded on April 8, 2025, at 1.188 billion cubic meters of gas.

 



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Results of gas infrastructure expansion in Q1 2025: Gazprom brings pipeline gas to another 37 rural communitiesThu, 10 Apr 2025 18:50:00 +0300April 10, 2025

An eco-friendly and cost-efficient energy source was made available to 3,100 households and 16 boiler houses.

For instance, a new gas pipeline in the southeastern part of the Vladimir urban territory made it possible, for the first time ever, to deliver gas to consumers in the villages of Abbakumovo, Vilki and Zlobino, as well as to increase gas supplies to the settlements of Seltso and Shirmanikha.

In the Kirov Region, pipeline gas was brought to six localities, namely the villages of Fedosyata, Rai, Sergeevy, Ulanovy, Zamyatiny, and the settlement of Klimovka.

In January-March, Gazprom completed the construction of a total of 79 inter-settlement and intra-settlement gas pipelines in Russian regions.

Additional amounts of gas can now be supplied to consumers in the Kaluga, Ryazan, Tula, and Voronezh Regions.

In the first quarter of 2025, the Company modernized seven existing gas distribution stations in said regions. The aggregate capacity of these facilities increased by more than one-third, or by 700 million cubic meters per year, which is comparable, for instance, to annual gas consumption in the Republic of Adygea.

The progress of the programs for gas supply and gas infrastructure expansion in the constituent entities of the Russian Federation in the year 2025 was considered by the Gazprom Management Committee today.

Background

Gazprom is working to expand gas infrastructure in 72 constituent entities of the Russian Federation: the Company builds gas pipeline branches and inter-settlement gas pipelines stretching to localities that are still not connected to pipeline gas and lays inter-settlement gas supply networks. At present, these works are being carried out under the 2021–2025 programs for gas supply and gas infrastructure expansion in Russian regions.

 



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Gazprom Management Committee proposes to hold absentee voting for decision-making at upcoming General Shareholders MeetingThu, 10 Apr 2025 18:40:00 +0300April 10, 2025

It was proposed to set the deadline for the submission of voting ballots as June 26, 2025.

The Management Committee approved:

  • the draft agenda of the absentee voting to be held for decision-making by the Shareholders Meeting;
  • the proposal on the procedure for notifying shareholders about the absentee voting for decision-making by the Shareholders Meeting, as well as the draft notice on the holding of said voting;
  • the proposal on the list of information materials that will be sent to Gazprom's shareholders within the timeframes and to the addresses indicated in the abovementioned notice;
  • the format and content of voting ballots and the wording of decisions on the agenda;
  • the proposals on the composition of the Shareholders Meeting Presidium and its Chairman;
  • the draft amended Articles of Association of Gazprom. The amendments to the Articles of Association had been made mainly to reflect the changes in the Federal Law on Joint Stock Companies.

The aforementioned materials and proposals will be submitted to the Board of Directors for consideration.

The Management Committee resolved to submit for consideration to the Board of Directors Gazprom's Annual Accounting (Financial) Statements for 2024 compiled in accordance with the Russian legislation.

The Management Committee approved the composition of the Shareholders Meeting Drafting Commission.



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Gazprom reaches new all-time daily high for April in terms of gas supplies from Russia's Unified Gas Supply SystemWed, 09 Apr 2025 20:05:00 +0300April 9, 2025

The record was set on April 8 at 1.188 billion cubic meters of gas.

The growth in gas consumption by Russian residents is due to an abnormally cold weather being observed in the Central, Northwestern and Southern Federal Districts of Russia. Gazprom is providing reliable gas supplies in the required volumes.

Background

The previous daily maximum for April was recorded 13 years ago on April 3, 2012 (1.152 billion cubic meters of gas).

 



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Scheduled preventive maintenance successfully performed on Power of Siberia gas pipeline. For first time ever, gas supplies continue during these activitiesFri, 04 Apr 2025 09:30:00 +0300April 4, 2025

The works were in progress from March 28 to April 4. At the request of the Chinese party, Gazprom arranged the preventive maintenance at the Power of Siberia's facilities in such a way as to ensure that the gas supplies continue during the period of such works; the volumes of the gas supplies provided during such period had been specially agreed by the parties.

Upon completion of the scheduled preventive maintenance, daily exports of gas to China via Power of Siberia resumed at their maximum contractual level.

According to the Sales and Purchase Agreement between Gazprom and China's CNPC for gas to be supplied via the eastern route, preventive maintenance on equipment and gas pipeline systems is performed on Power of Siberia twice a year: in spring and in autumn.



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Gas withdrawal season at Europe’s storage facilities continuing as first quarter endsThu, 03 Apr 2025 12:15:00 +0300April 3, 2025

According to Gas Infrastructure Europe (GIE), gas reserves contained in Europe's underground gas storage facilities decreased to 34.3 billion cubic meters as of March 31, accounting for a third of the total storage facilities' volume and being 25.3 billion cubic meters lower than a year ago.

Thus, as much as 62.9 billion cubic meters of gas were already withdrawn from the facilities by the end of the first quarter of 2025. This figure is 25.2 billion cubic meters higher than the volume injected into the facilities in the previous summer, being the maximum excess ever observed.

This season's average daily gas withdrawal rate (390.3 million cubic meters as of March 31) became the second highest in the history of observation. It is second only to the figures observed in the 2017–2018 season, when an unusual cold snap had affected Europe. However, this time, European countries did not face any climate challenges.

It should be noted that the net gas withdrawal in March 2025 was 40.9 per cent higher than in March 2024.

By the end of this year's first quarter, Germany, the Netherlands and France used up more reserves than other European countries.

Said countries are among the top five with the largest gas storage capacities in Europe. By the start of the withdrawal season, the level of reserves in their UGS facilities had comfortably exceeded 90 per cent, while, as of March 31, it dropped to 28.7, 21.1 and 25 per cent in each of the abovementioned countries, respectively.

Taking into account the reduction in reliable gas supply sources available, it is going to be a challenging task this summer to fill European UGS facilities and get thoroughly prepared for the winter.

Gas reserves in Ukraine's UGS facilities reached an all-time low in the observation period.

As of March 31, gas inventories in said storages amounted to just 5.4 billion cubic meters (including cushion gas). In this withdrawal season, by the end of the first quarter of 2025, a total of 7.3 billion cubic meters of gas were withdrawn from Ukraine's UGS facilities, which exceeds the amount injected into the facilities in summer by one-third.

In Türkiye, gas consumption breaks new record highs.

According to the calculations based on relevant data of Türkiye's exchange company EPİAŞ, gas consumption in January-March exceeded 21 billion cubic meters, which is an all-time record of the first quarter of the year for Türkiye's gas market.



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Working meeting between Alexey Miller and Adnan Şen, Chairman of Board of Bosphorus Gaz Corporation A.S. (Türkiye), takes placeWed, 26 Mar 2025 17:35:00 +0300March 26, 2025

The parties discussed the current state of and the outlook for Türkiye's natural gas market. It was noted that constructive cooperation between Gazprom and private importers of natural gas to Türkiye in general, and Bosphorus Gaz Corporation A.S. in particular, has been ongoing for as many as 15 years already.



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Gazprom hits new all-time high for its daily exports of gas to China via Power of Siberia on March 3Tue, 04 Mar 2025 11:25:00 +0300March 4, 2025

The volume of gas supplied by Gazprom exceeded the contractual amount.

This is the third record set since December 1, 2024, when the exports via the Power of Siberia gas pipeline had been brought to the maximum contractual level.

Russian gas supplies are performed under the long-term Sales and purchase agreement between Gazprom and CNPC.



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Europe seeing accelerated spending of its gas reserves from underground storage facilitiesMon, 03 Mar 2025 18:55:00 +0300March 3, 2025

According to Gas Infrastructure Europe (GIE), gas reserves remaining in Europe's UGS facilities amount to 39.2 billion cubic meters as of February 28, the last day of the calendar winter. Said gas reserves account for 38.5 per cent of the total storage facilities' volume, with this amount being 24.3 billion cubic meters lower than a year ago.

The average gas withdrawal rate is 36 per cent above the level of the preceding season and 22 per cent above the average level observed over the previous ten years.

It should be noted that this occurs under the weather conditions that correspond to the regions' climate normals.

Gas is being withdrawn from the inventories accumulated during the previous years.

The reserves that had been prepared for this winter period were depleted back in January. As of February 28, a total of 58 billion cubic meters of gas were withdrawn from Europe's UGS facilities, which is 1.5 times higher than the amount injected into the facilities in summer.

Over the previous 10 years, the withdrawal season at European UGS facilities lasted from 19 to 51 days after the end of the calendar winter (i.e. after February 28). The volume of gas withdrawn from the underground storages during each of said periods varied from 1.8 to 11.2 billion cubic meters. This year, the figure may be higher. 

Therefore, by the beginning of the injection season, the gas reserves in Europe's storages will have been spent to a considerable degree. Taking into account the reduction in reliable gas supply sources available, it is going to be a challenging task this summer to fill European UGS facilities and get thoroughly prepared for the winter. 

In Türkiye, gas consumption hits new record highs. 

According to the calculations based on relevant data of Türkiye's exchange company EPİAŞ, gas consumption across Türkiye was at a record-high level in November-February and exceeded 30 billion cubic meters. An absolute record in terms of monthly gas consumption – more than 8 billion cubic meters – was set in February. As per the statements of BOTAŞ, February also saw Türkiye set two new records for the country's daily gas consumption, hitting a new record high at 333.7 million cubic meters.



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Gazprom, Russia’s Ministry of Culture and Russian Museum to promote national school of restoration’s best traditions Thu, 20 Feb 2025 16:20:00 +0300February 20, 2025

The Agreement of Cooperation was signed by Alexey Miller, Chairman of the Gazprom Management Committee, Olga Lyubimova, Minister of Culture of the Russian Federation, and Alla Manilova, Director of the State Russian Museum.

Preserving the cultural legacy

The Russian Museum will be the coordination center for the projects aimed at the development of the national school of restoration. The key projects include the creation of a single inter-museum scientific & research restoration center and the development of restoration workshops across Russia. The workshops are planned to subsequently become the basis for developing a regional network of specialized research & restoration centers. It is also planned to establish a single digital information resource designed for its users to exchange their professional experience, as well as to disseminate unique restoration methods.

New generation of restoration specialists

Another important focus of cooperation between the parties is to lay the foundations for cultivating a new generation of restoration specialists and transferring to them the precious knowledge from the country's best professionals. To that end, the experience gained by Gazprom under the Friends of St. Petersburg project will be widely employed. The project, inter alia, aims to engage talented young people in the profession of a museum restoration specialist.

The Agreement provides for the creation of an internship system for senior students of universities and colleges to gain experience under the supervision of qualified mentors. Regular research and restoration activities will also be provided for young specialists. The geography of the activities will include, inter alia, the Donetsk and Lugansk People's Republics and the Kherson and Zaporozhye Regions of the Russian Federation. Young restoration specialists will also be able to share their achievements and experience with each other during the annual national festival.

The parties to the Agreement will promote a volunteer movement and ensure that everyone interested can engage in the restoration art.

Alexey Miller:

“For many years, Gazprom has been systematically supporting large-scale projects for the preservation of the cultural heritage and historical memory of the country. In collaboration with the State Russian Museum, we consistently implement programs designed to develop and promote the traditions of the Leningrad school of restoration, whose work remains a benchmark for quality and due care as regards the restoration of items of cultural and historical significance. Experts all across the globe use the experience accumulated by the Leningrad restoration professionals. Our goal is not just to preserve it, but to add to it and expand it.

Under the Friends of St. Petersburg project run by Gazprom, training programs in restoration are already being provided to students of universities specializing in the relevant fields. The tripartite agreement will make it possible to expand this work to cover the entire country and engage new talented young specialists in these activities. And let them always be united by the adherence to traditions and the creative labor that are the glory and the pride of the Leningrad school of restoration.”

Olga Lyubimova:

“Development of the national school of restoration is a mission of importance for preserving the national cultural legacy.

Since 2019, the State Russian Museum and Gazprom have been effectively cooperating in the field of comprehensive scientific restoration of museum items. The tripartite agreement involving the Ministry of Culture of the Russian Federation will strengthen this cooperation and help achieve a true synergy.

With our combined expertise and knowledge, we will be able to bring restoration works to a new level. It is important that the best methods and practices will be available for their study and use throughout the whole country. Under the careful guidance of mentors, gifted young people will get an opportunity to master the necessary skills and preserve the national heritage for future generations.”

Alla Manilova:

“The world-famous restoration school of the Russian Museum is notable for its outstanding craftsmanship and the high professionalism of its specialists, as well as for the careful handling of priceless artworks and time-honored traditions: the Russian Museum restoration workshops were founded more than 100 years ago. The Russian Museum addresses the challenges of the time and is always ready to help colleagues restore damaged artworks.

The agreement on the development of the national school of restoration will make it possible to bring up a whole plethora of young professionals who, basing on the multi-year experience of their mentors, will be able to work with the use of the latest high-tech achievements of Russian science.”

Background

Gazprom supports large restoration projects. For instance, the Catherine Palace's Zubov Wing, the Lyons Hall and the Palace Chapel of the Resurrection were restored at the Tsarskoe Selo Museum; restoration works were completed in the Chinese Palace at the Peterhof State Museum Reserve in Oranienbaum. Joint exhibition and restoration projects are being implemented, for instance, with the State Hermitage Museum, the State Russian Museum and the Peter the Great Museum of Anthropology and Ethnography (the Kunstkamera) of the RAS.

Gazprom is a partner of the State Russian Museum in restoration and educational projects. Such paintings as “Holy Rus” by Mikhail Nesterov, “Peter I at Krasnaya Gorka Lighting a Fire on the Shore to Signal to his Sinking Ships” by Ivan Aivazovsky, “Fête during Shrovetide on Admiralty Square in St. Petersburg” by Konstantin Makovsky, and “The Last Day of Pompeii” by Karl Bryullov were restored with support from the Company.

The Friends of St. Petersburg comprehensive social project of Gazprom has been implemented since 2020. The project is aimed at preserving the historical and cultural legacy of St. Petersburg and fostering the current development of the city. A number of educational and creative events have been developed and are being implemented at the sites of the Russian Museum under the project.

 



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Gazprom continuing its work on extensive gas infrastructure expansion and additional gas grid expansion across RussiaThu, 20 Feb 2025 15:05:00 +0300February 20, 2025

The transition to natural gas significantly improves the quality of people's lives. The industrial and agricultural sectors receive a powerful impetus for their development.

Since the beginning of 2025, a total of 50 gas pipelines have been built, most of them in rural areas.

For instance, this includes inter-settlement gas pipelines to villages and rural settlements in the Voronezh, Rostov, Ryazan, and Kirov Regions, the Republics of Bashkortostan and Mari El, as well as the Republic of Udmurtia.

In February, Gazprom started the first-ever pipeline gas supplies to the Bolsherechensky District of the Omsk Region. Now, the possibility of gas grid connection is available to about 3,000 households in the villages of Kurnosovo, Kirsanovka, Gushchino, and Reshetnikovo, as well as in the district center, the workers' settlement of Bolsherechye.

A total of 1.2 million contracts for additional gas grid expansion are executed.

This is more than 85 per cent of the total number of contracts for bringing pipeline gas to the boundaries of households' land plots that have been signed with the citizens by now. Inter alia, over 800,000 Russian families have already installed in-house gas supply equipment and use gas. At present, more than 1,000 houses a day get connected to gas.

Medical facilities and educational entities continue to switch to pipeline gas. As many as 950 contracts have been concluded with them, and pipeline gas has reached the land plot boundaries of 592 entities.

In 2024, the collection of applications for additional gas grid expansion commenced with regard to the households in gardeners' non-commercial partnerships that are situated within localities already covered by the gas grid. As of the date, more than 27,000 contracts have been signed with the residents of such gardeners' partnerships, and some of them are already performed.

The progress of the programs for gas supply and gas infrastructure expansion, as well as the progress of additional gas grid expansion, in the constituent entities of the Russian Federation in the year 2025 was considered by the Gazprom Management Committee today.

Background

Gazprom is working to expand gas infrastructure in 72 constituent entities of the Russian Federation: the Company builds gas pipeline branches and inter-settlement gas pipelines stretching to localities that are still not connected to pipeline gas and lays inter-settlement gas supply networks. At present, these works are being carried out under the 2021–2025 programs for gas supply and gas infrastructure expansion in Russian regions.

Within localities already covered by the gas grid, additional gas grid expansion is in progress, i.e. pipeline gas is brought to the boundaries of households' land plots and to the boiler houses of medical facilities and educational entities. The works are performed at no cost to the consumers. The responsibility of household owners is to have gas infrastructure built on the land plot and to purchase gas equipment. To that end, regional authorities provide persons entitled to benefits with subsidies.

 



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