Edition:
United States

Gazprom PAO (GAZP.MM)

GAZP.MM on Moscow Interbank Currency Exchange

119.55RUB
21 Jun 2017
Change (% chg)

руб1.58 (+1.34%)
Prev Close
руб117.97
Open
руб117.78
Day's High
руб119.78
Day's Low
руб116.86
Volume
31,575,330
Avg. Vol
35,257,939
52-wk High
руб160.62
52-wk Low
руб111.46

Latest Key Developments (Source: Significant Developments)

Russia's Gazprom gets 300 mln euro loan from VTB - bank
Tuesday, 13 Jun 2017 06:11am EDT 

June 13 (Reuters) - Gazprom ::Gazprom has obtained a 300-million-euro ($336.30 million) loan for up to 10 years from Russia's second-biggest bank VTB <<>>, VTB said in a statement..VTB said the insurance coverage was provided by Austria's export credit agency OeKB. .  Full Article

Sinopec Engineering Group signs contract with Sinochem Quanzhou Petrochemical Co
Tuesday, 6 Jun 2017 05:14am EDT 

June 6 (Reuters) - Sinopec Engineering Group Co Ltd <2386.HK>:‍Contract value of sinochem quanzhou ethylene contract is approximately rmb4.259 billion​.Signed a contract of engineering, procurement and construction with Sinochem Quanzhou Petrochemical Co.‍Completion of sinochem quanzhou project is expected to be in around december 2020​.Group signed an epc contract for sinopec zhenhai project with sinopec zhenhai refining & chemical co.Contract value of sinopec zhenhai residue hydrogenation contract is approximately rmb1.376 billion.Completion of sinopec zhenhai project is expected to be in around september 2018.Consortium of group and maire tecnimont spa signed an epc contract for agpp project with public joint stock co gazprom.Total contract value of three contracts of about rmb6.547 billion will be recorded as a backlog of co.  Full Article

OMV says signs MOU with Gazprom on supplying gas to central Europe
Friday, 2 Jun 2017 08:18am EDT 

June 2 (Reuters) - OMV ::Says signs MOU with Gazprom outlining potential cooperation in developing gas transmission infrastructure required for providing natural gas supplies to central and southeastern Europe.Says a framework agreement was also signed to collaborate with Gazprom in the small-scale LNG sector.Says the parties intend to cooperate in a joint integrated project for a small-scale LNG production terminal in the area of the Russian Black Sea coast.  Full Article

Maire Tecnimont unit as leader of consortium signs contract for EUR 3.9 bln with Gazprom in Russia
Friday, 2 Jun 2017 03:55am EDT 

June 2 (Reuters) - MAIRE TECNIMONT SPA ::ITS UNIT TECNIMONT, AS LEADER OF CONSORTIUM WITH SINOPEC ENGINEERING GROUP, SIGNS CONTRACT FOR EUR 3.9 BILLION WITH GAZPROM <<>> IN RUSSIA.THE CONTRACT VALUE IS COMPOSED BY AN EP LUMP SUM PORTION OF APPROXIMATELY EUR 1.7 BILLION AND PROVISIONAL REIMBURSABLE PORTION RELATED TO CONSTRUCTION WORKS, SITE SERVICES AND SITE LOGISTICS, OF APPROXIMATELY EUR 2.2 BILLION.THE CONTRACT RELATES TO THE EXECUTION OF THE “PACKAGE NUMBER 3” CONSISTING OF UTILITIES, INFRASTRUCTURE AND OFFSITES FACILITIES OF THE AMURSKI GAS PROCESSING PLANT (AGPP) IN SVOBODNY CITY.  Full Article

OMV says Petrol Ofisi sale to weigh on clean CCS EBIT
Monday, 6 Mar 2017 05:38am EST 

OMV AG says : there will be an approximately 100 million eur negative impact in clean CCS EBIT following the divestment of OMV Petrol Ofisi - analyst presentation . unit production costs in Yuzhno Russkoye are expected to be below 2 USD per barrel of oil equivalent on average for the contracted period - analyst presentation . Yuzhno Russkoye gas will be sold to Gazprom, volumes will be 50 percent sold domestically at Russian domestic price netback and 50 percent at German import price netback - analyst presentation Further company coverage: [OMVV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Russia's Gazprom Neft says 2016 net profit up 82.5 pct
Wednesday, 22 Feb 2017 01:51am EST 

Gazprom Neft says: 2016 net profit at 200 billion roubles ($3.49 billion), up 82.5 percent. . Adjusted EBITDA at 456 billion roubles, up 12.7 percent. . The volume of extraction of hydrocarbons increased 8.2 percent to 86.2 million tonnes of oil equivalent. Further company coverage: [SIBN.MM] ($1 = 57.3597 roubles) (Reporting By Aleksandar Vasovic) ((aleksandar.vasovic@thomsonreuters.com;)).  Full Article

OMV CEO says 40 pct of planned Achimov investments in next two years
Wednesday, 14 Dec 2016 07:00am EST 

OMV AG : OMV CEO says has not yet talked to Norwegian authorities, will fix dates for meetings there soon . OMV CEO says 40 percent of planned Achimov investments to be spent in 2017, 2018 . OMV CEO says we have no indication that the Gazprom asset swap might not be implemented, we are optimistic Further company coverage: [OMVV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Gazprom cuts staff by 20 percent in London trading business - WSJ, citing sources
Friday, 18 Nov 2016 10:33am EST 

: Gazprom cuts staff by 20 percent in London trading business - WSJ, citing sources .Gazprom Marketing & Trading, a unit of Gazprom Group, has cut staff numbers by around 20%, including at least six directors - WSJ, citing sources.  Full Article

Chelpipe and Gazprom sign road map for production of pipes with laser welding
Tuesday, 4 Oct 2016 08:50am EDT 

: Chelpipe and Gazprom sign road map for production of pipes with use of laser welding - gas forum documents Further company coverage: [CHEP.MM], [GAZP.MM] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920 ;)).  Full Article

OGK-2 plans to extend short-term debt, major part falls on Gazprom
Tuesday, 23 Aug 2016 09:29am EDT 

:. Controlled by Gazprom OGK-2 plans to extend repayment of 32 billion rouble ($495.49 million) short-term debt, major part of which belongs to parent concern, head of economic and finance department of Gazprom Energoholding Nikita Osin said on Tuesday .. OGK-2, earlier actively borrowing for its investment programme, in H1 raised its debt by 0.1 pct to 72.77 billion roubles. Out of it short-term debt is 31.9 billion roubles, company should pay it off during 12 months - company's presentation .. Significant part of the debt falls on Gazprom, liabilities for which are planned to be extended, Osin said during conference call for analysts .."Major part of the repayment - Gazprom, three billion (roubles) - commercial credit, it will be refinanced" - Osin said ..According to the manager, as a result of debt prolongation interest rate may raise from about 8 pct to about 10 pct .. Company's management said that 2016 investment programme as whole will be amounted to 19.5 billion roubles, 11.7 billion roubles of which have been already invested in H1. In H2 it is planned to invest a little less than 8 billion roubles, of which 5 billion roubles - remaining payments under DPM projects For further company coverage [OGKB.MM], [GAZP.MM] For the story in Russian, click [nL8N1B4254] ($1 = 64.5825 roubles) (Reported by Anastasia Lyrchikova, translated by Gdynia newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

More From Around the Web

Photo

Russia's Gazprom says resolves issue with gas supplies to Poland

MOSCOW Russia's Gazprom said on Thursday a technical issue that caused poor quality gas to be delivered to Poland via the Yamal pipeline had been resolved.