Gazprom

Gazprom – the monopoly to search for cheap money for South Stream from Vnesheconombank

Gazprom is joining the struggle for the pension funds in the Vnesheconombank’s Department following Russian Railways and the Federal Grid Company. As Kommersant has discovered, the monopoly wants to issue revenue-yielding bonds for 100 billion rubles to finance the Russian part of one of its most risky and expensive projects – the South Stream gas pipeline. Until now Gazprom hasn’t contended to have cheap and long-term state funding, but large-scale investment plans put increasing pressure the monopoly’s budget.
Kommersant has managed to become familiar with a letter of the Deputy Chairman of the Management and Senior Accountant of Gazprom, Elena Vasilyeva, sent to the First Vice Prime Minister, Igor Shuvalov on July 12th (at that time Vasilyeva was temporary acting Chairman of the monopoly’s Management). The Top Manager asks Shuvalov to entrust the federal executive authority and Vnesheconombank “to consider possibility” to invest pension funds into revenue-yielding ruble bonds of the monopoly to the amount of up to 100 billion rubles

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The Ukraine is ready to increase gas pumping into the underground gas storages, but at the expense of “Gazprom”

The Ukraine is still determined to pump about 14 billion cubic meters of gas into the underground gas storages by the start of the heating season, but at the expense of “Gazprom”. The Minister of Energy and Coal Industry of the Ukraine E.Stavitsky said.
Official Kiev says that this volume will ensure continuous Russian gas transportation to Europe. “Gazprom” says there should be around 20 billion cubic meters of gas in the Ukrainian underground gas storages, RIA Novosti reports.

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In 2012, Rosneftegaz increased its net profit 2.5 times

In 2012, the net profit of Rosneftegaz, which owns the government's stakes in Gazprom and Rosneft, grew 2.5 times as compared with the previous year and made up 84.849 billion rubles, the company reports.
At the same time, the proceeds of Rosneftegaz grew 2.6 times to 83.282 billion rubles.

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In July, Naftogas intends to buy 1.5 billion cubic meters of gas from Gazprom

In July, Naftogas intends to buy 1.5 billion cubic meters of gas from Gazprom, the Chairman of the Ukrainian company’s Manaement Eugenie Bakulin reported to journalists on Wednesday.

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In June, Naftogas bought 1.5 billion cubic meters of gas

At the same time, in June of 2013, the Ukraine decreased gas import by 48% to 1.6 billion cubic meters.
In June, the company Naftogas Ukrainy imported 1.5 billion cubic meters of natural gas, the Chairman of the Naftogas’ Management Eugenie Bakulin reported.

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On Wednesday, Gazprom Board of Directors could change the clauses of its bonds placement

On Wednesday, Gazprom Board of Directors could change the clauses of its bonds placement of series from BO-01 up to BO-28. In April 2011, Gazprom Board of Directors decided to place 28 issues of stock bonds for a total sum of 300 billion rubles. Their volumes are by 5 billion rubles for the issues of series BO-01 – BO-06, by 10 billion rubles for the issues of series BO-07 – BO-18, and by 15 billion rubles for the issues of series BO-19 – BO-28. The bonds will be placed under the open subscription. Their circulation period is 3 years.

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Agreement on privatization of Kyrgyzgas by Gazprom to be signed before the end of July

Agreement on privatization of Kyrgyzgas by Gazprom will be signed with Russia in the next ten days, Kyrgyzgas’ General Director, Turgunbek Kulmurzaev stated on Wednesday.
Last week, the Russian Prime Minister ,Dmitry Medvedev approved the draft intergovernmental agreement, according to which all assets of the national gas operator Kyrgyzgas, including gas pipelines, gas distribution stations and underground gas storages, will be transferred to Gazprom for $1.

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As of July the 16th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 424.2 thousand tons

As of July the 16th of 2013, the volume of daily production of oil and gas condensate in the Russian Federation made up 1 424.2 thousand tons

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The Ukraine and Russia know how to transport gas to Europe

The heads of “Naftogas Ukraine” and “Gazprom” have worked out a real variant of gas transit to Europe. The vice-premier of the Ukraine Y.Boiko asserted.
“There was the meeting at the management level of Naftogas Ukraine and Gazprom in Sochi. We understand that it is necessary to find a model, which will provide a stable transit,” ITAR-TASS cites Boiko.

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Sakhalin cannot carry double – Rosneft and Gazprom divide the resources of the island

Gazprom and Rosneft, which plan to construct new LNG plants in the Far East for the Asia-Pacific region’s market, can’t divide the sources of the raw materials. According to the Ministry of Energy, 47 billion cubic meters of gas will be able to be produced in Sakhalin by 2020. Theoretically this will be enough for everybody. But officials, participants of the market and analysts acknowledge that the resource base is not clear and they will have to postpone one of the projects for gas supply in the region. The perspective of the Rosneft’s project raises questions in the Presidential Administration.
Yesterday, President Vladimir Putin held a meeting in Yuzhno-Sakhalinsk, where questions about development of LNG production in the region and gas supply in the Far East were raised. The only LNG plant (the Sakhalin-2 project) in Russia, belongs to Gazprom, Shell, Mitsui and Mitsubishi, it has been working in Sakhalin for a while. But by 2018 the gas monopoly wants to build another LNG plant in Vladivostok and Rosneft plans to implement the similar project in Sakhalin

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