gazprom pao-adr 144a (OGZRY) Key Developments
VEB May Sell Gazprom's Securities
Nov 19 15
Alexey Ulyukaev, The Economic Development Minister, said that State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) (VEB) may sell Public Joint Stock Company Gazprom's securities.
Enel Seeks Sale Of Belgian power plant
Nov 18 15
Enel SpA (BIT:ENEL) is seeking the sale of Marcinelle power plant in Belgium to Public Joint Stock Company Gazprom (MICEX:GAZP). Enel is considering to return to discussing the sale of Marcinelle power plant to Gazprom. The plant is still up for sale, the Italian energy company's CEO, Francesco Starace, told a press conference.
Gazprom Revises Production Guidance for the Year 2015
Nov 13 15
Gazprom revised production guidance for the year 2015. For the year, the company again lowered its 2015 gas production forecast, this time to 427 billion cubic meters (bcm), from the 444.6 bcm it was predicting three months ago, in August. Its initial production guidance for 2015 was 485.36 bcm, but this was lowered to 471 bcm after the first quarter and to 444.6 bcm once the second quarter results became known.
PJSC Gazprom Reports Revenue Results Under Russian Accounting Standards for the Nine Months of Fiscal 2015
Nov 13 15
PJSC Gazprom reported revenue results under Russian Accounting Standards for the nine months of fiscal 2015. For the period, revenue rose 8% to RUB 3.09 trillion.
Vilnius Court Upholds EUR 35 Million Anti-Trust Fine on Gazprom
Nov 9 15
A Vilnius court has upheld an anti-trust fine of EUR 35 million imposed on Gazprom by the Lithuanian competition watchdog. The Vilnius Regional Administrative Court dismissed Gazprom's appeal contesting the fine. The court's decision may be appealed to a higher instance court.