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GAZPROM EXPORT World's Largest Exporter of Natural PROFILE: GAZPROM EXPORT ........................................................................................2 GENERAL SUPPLY STATISTICS ......................................................................................6 » EUROPE ............................................................................................................................7 » FSU COUNTRIES .............................................................................................................21 » LNG SUPPLIES ............................................................................................................... 24 GAS TRANSPORTATION ...............................................................................................26 GAS STORAGE .............................................................................................................36 SUPPLIES OF CRUDE OIL, PETROLEUM PRODUCTS, SULFUR .................................. 38 NATURAL GAS AS MOTOR FUEL ................................................................................ 42 ECOLOGY .................................................................................................................... 44 CHARITY AND SPONSORSHIP .................................................................................... 48 1 OUR COMPANY: > Supplies natural gas to more than 20 countries; > Exports gas condensate, crude oil, petroleum products, liquefied petroleum gases, and other petrochemicals; > Opens up new markets for Russian gas, optimizes export flows, analyses and forecasts gas markets trends; > Provides reliable and secure natural gas supply to international clients; > Participates in development and implementation of Gazprom Group’s gas and energy investment projects in Russia and worldwide; > Actively participates in developing cooperation with international partners. Gazprom Export, a 100% subsidiary of Gazprom PJSC, is one of Russia’s most successful and advanced companies. The company is charged with a task to export Russian gas to foreign markets. The company contributes significantly to the Russian federal budget revenues and the energy security of Europe. In 2017, natural gas exports to the Far Abroad countries under the contracts of Gazprom Export amounted to 192.2 bcm. RUSSIAN GAS AND EUROPE The total length of gas trunk pipelines and transmission network branches has reached 172,000 km. Gas transport Russia possesses 6.1% of the global proven oil utilizes 254 linear compressor stations with a total gas reserves, 17.6% of coal reserves, and 25% of natural pumping capacity of 46,700 MW. Gazprom operates 22 gas reserves. The European energy mix is expected to underground gas storages which include 26 gas storage follow increase in the share of gas and renewables, amid facilities and seven gas processing plants in Russia. continuing decline of the share of oil and coal. Since Europe’s limited domestic gas reserves and decline in indigenous domestic production of natural gas, the European countries will have to import more gas from the third countries. Gazprom Export is ready to make its contribution to meet the demand of European consumers by drawing on the huge potential of the Russian natural gas industry. GAS RESERVES OF RUSSIA AND GAZPROM Gazprom Export’s global market positions are backed by the gas reserves owned by Gazprom. Gazprom holds the world’s largest natural gas reserves. Its share in the global reserves is around 17%, and in the Russian reserves – about 72%. PROFILE: GAZPROM EXPORT Gazprom is responsible for around two-thirds of World’s largest exporter of natural gas Russia’s total gas production. In 2017, Gazprom Group enterprises produced 471 bcm of natural gas. 2 3 COMPANY HISTORY Stages of a great journey: Gazprom Export LLC In 2006, in accordance with a decision of its founder and owner, 2006 - до н.в. Gazexport LLC was renamed Gazprom Export LLC. In November 2013, in accordance with a decision of its founder and owner, the company’s headquarter moved to Saint Petersburg. Gazexport LLC Gazexport LLC, a limited liability company, was established under CORPORATE VALUES Resolution No. 39 of the RAO Gazprom Board of Directors, dated 9 April 1997, and Resolution No. 53 of the RAO Gazprom Board of Directors, 1999 Reliable gas supplies are a crucial element of Europe’s dated 12 February 1998. The Moscow Registration Chamber registered the company on 12 May 1999. PAO Gazprom is the company’s founder energy security, as proven by the company’s over 50 and 100% owner. years record of cooperation with the European countries. Gazprom Export’s management pays special attention to the company’s reputation in the eyes of its partners and the public. Gazprom Export adheres to the principles VEP Gazexport of social responsibility for the results of its operations, and makes a diligent contribution to the development In 1993, GVP Gazexport was transformed into a Foreign Trade 1993 Enterprise (VEP), of Russian joint-stock company (RAO) Gazprom’s of Russia’s gas industry and the Russian economy as foreign trade subsidiary, and became known as VEP Gazexport. a whole. Correspondence of the company’s activities with the interests of gas-importing countries: GVP Gazexport In the autumn of 1991, V/O Soyuzgazexport was incorporated into the The company guarantees reliable and sustainable State Gas Concern Gazprom as a state-owned foreign trade enterprise. gas supply to importing countries. The history of the Compliance of the company’s operations with Russia’s In December of the same year, as all organizations on the territory of 1991 company’s gas supplies to Europe demonstrates that national interests: the Russian Soviet Federative Socialist Republic transitioned to the jurisdiction of the Russian Federation, the company became known as despite the turbulent political transformations both in the State-Owned Foreign Trade Enterprise (GVP) Gazexport. purchasing countries and in the former Soviet Union, we > Contribution to the development of Russia’s energy are capable of ensuring uninterrupted gas supply to our exports and the formation of a positive foreign trade clients. balance; > Strengthening of Russia’s positions in the global fuel V/O Soyuzgazexport and energy market; 1973 The All-Union Foreign Trade Organization V/O Soyuzgazexport was founded on 23 April 1973. > Expanding the economic base to improve cooperation with the importers of Russian gas; > Increasing foreign currency earnings; > Attracting investment into the Russian gas industry; Legal address: 2a, Litera A, Ostrovsky Square, St. Petersburg, 191023, Russian Federation. > Raising employment rate and income levels of Headquarters address: Russian citizens; 2a, Litera A, Ostrovsky Square, St. Petersburg, 191023, Russian Federation. Phone: +7 (812) 646 1414, Fax: +7 (812) 646 1415 > Creating employment opportunities in the areas of gas E-mail: [email protected], [email protected] extraction, processing, transmission, and distribution. Media contacts: [email protected] Website: www.gazpromexport.com 4 5 EUROPE Dynamics of gas supply to Europe Since 1973, we have supplied about 4.7 trillion cubic meters of natural gas to European countries. Volume of natural gas sales via Gazprom Export to the Far Abroad countries (bcm) In 2017, Gazprom Export supplied 192.2 bcm of gas The natural gas market of Eastern and Central Europe is of to European countries. About 81% of all supplies from particular importance due to its geographic proximity to Russia are delivered to the countries of Western Europe Russia. In recent years, the relationship with partners in (including Turkey), with the remaining 19% going to this region develops against a backdrop of their striving the Central European countries. for diversification of energy supply sources. Nevertheless, Russian natural gas provides more than half of the gas The Western Europe market (including Turkey) accounts consumption in this region. In 2017, Gazprom Export sold for the bulk of the Russian export. In 2017, Gazprom 36.3 bcm of gas on this market. Export supplied 155.96 bcm of gas to the markets of countries in this region. The largest importers are: The largest importers are Poland, Hungary, Czech Republic Germany, Turkey, Italy, Great Britain and France. and Slovakia. These countries accounts for around 74% of all of the gas that Gazprom Export sells in Central Europe. GENERAL SUPPLY STATISTICS 6 7 Gazprom Export supplies of natural gas to the countries of Western Europe in 2017 (bcm) AUSTRIA BOSNIA AND HERZEGOVINA For 50 years, Austria’s largest company, OMV AG, has been Natural gas has been supplied to Bosnia and Herzegovina, Gazprom Export’s main business partner on the national part of the former Yugoslavia, since 1978. Until the break- market. Until 1994, the state owned 100% of the company’s up of the Socialist Federal Republic of Yugoslavia, gas shares. Today OMV’s shareholders are the Austrian was supplied under the Intergovernmental Agreement of government (via the Austrian Industrial Holding) with 31.5% 1988. stake, the International Petroleum Investment Company of Abu Dhabi with 24.9%, OMV itself with 0.2%, and 43.4% shares From 1993 to 1995, gas was supplied under a contract are in free float. The company’s headquarters are located in with Progresgas-Trading, a Russian-Yugoslavian joint Vienna. venture. Since October 1995, Gazprom Export has been supplying gas via the Energoinvest d.d.-Sarajevo In 1968, OMV became the first Western company to sign a company. Since July 2015 gas supply began to long-term natural gas purchasing
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