oao gazprom-adr 144a (OGZRY) Key Developments
Gazprom to Spend RUB 1 Billion to Build Gas Pipelines in Leningrad Region in 2015
Jan 23 15
Gazprom will allocate about RUB 1 billion in 2015 to build four gas pipelines in Leningrad region and design 19 others. Before the end of 2015, the company plans to build a natural gas filling station in Gatchina, the fourth such facility in the region. Gazprom also plans to build two gas-fired boilers, in Tikhvin and Boksitogorsk.
Gazprom Signs EUR 350 Million Loan Agreement
Jan 22 15
Gazprom and Intesa Sanpaolo Group signed a loan agreement worth EUR 350 million. This is the first bilateral loan agreement in the business relationship between Gazprom and Intesa Sanpaolo Group. Gazprom’s cooperation with a leading European banking group is essential for establishing the partnership relation with lending institutions in Italy and entire Europe.
Open Joint Stock Company Gazprom, Board Meeting, Jan 26, 2015
Jan 20 15
Open Joint Stock Company Gazprom, Board Meeting, Jan 26, 2015.
Egypt Initial Agreement with Gazprom for 35 LNG Shipments
Jan 14 15
Petroleum Minister of Egypt, Sherif Ismail announced an initial agreement has been made with Russia's Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years. Gazprom, will send a delegation to Egypt mid-January to complete the agreement, will supply the country with seven shipments of LNG annually from 2015-2020. The volume of the shipments of Algerian gas is around 145,000 cubic metres, to be supplied from April-September 2015 with one shipment arriving each month.
Szijjarto Denies Sale Of Assets To Gazprom
Jan 14 15
Foreign Minister Peter Szijjarto dismissed that Budapest could sell gas storage and distribution assets to Open Joint Stock Company Gazprom (MICEX:GAZP). In an interview with Reuters, Peter Szijjarto dismissed earlier media reports that Budapest could sell gas storage and distribution assets to Russian gas giant Gazprom. He confirmed, however that Hungary wants to store more Russian gas following the cancellation of the South Stream pipeline. "With South Stream being cancelled we now have to look for new ways, how to get new sources and new routes into Central Europe," he said.