September 29, 2016 9:25 PM ET

Oil, Gas and Consumable Fuels

Company Overview of OOO Gazprom Export

Company Overview

OOO Gazprom Export exports natural gas for customers in foreign markets. The company supplies blue fuel to various countries; exports stable gas condensate, oil, petroleum products, liquefied hydrocarbon gases, and other petroleum and petrochemical products; carries out the marketing of gas in new markets, optimizes export flows, and analyses and forecasts the natural gas market trends; participates in the development and implementation of Gazprom’s gas and energy investment projects in the Russian Federation and abroad; and participates in improving cooperation with foreign partners. It also sells sulfur, helium, odorant, carbon black, and other products. OOO Gazprom Export was formerly kno...

Professor Popov street 37 Liter "Tsch"

Saint Petersburg,  127006

Russia

Founded in 1997

Phone:

7 812 346 6700

Fax:

7 812 346 6710

Key Executives for OOO Gazprom Export

Chief Executive Officer and Director General
Deputy General Director and Managing Director for Gas LLC
Chief Managing Director and First Deputy Director General
Age: 64
Deputy Director General
Head of Separate Structural Division and Deputy Director General of Gazprom Export
Age: 63
Compensation as of Fiscal Year 2016.

OOO Gazprom Export Key Developments

Gazprom To Sell 50% Stake In Overgas

OOO Gazprom Export plans to sell its 50% stake in Overgas Inc. AD, its joint venture with Bulgaria, Gazprom said in a report August 24, 2016. Gazprom has ordered an appraisal of the deal's market value for RUB 1.49 million. Gazprom plans to sell its 490 shares in Overgas and 0.05 million shares owned by its export arm Gazprom Export.

ENGIE and Gazprom Export Sign an Agreement to Adapt the Price of Long-Term Gas Supply Contracts

ENGIE and Gazprom Export have signed an agreement to adapt the price of long-term gas supply contracts. ENGIE is indeed in continuous discussion with all its suppliers and regularly uses this type of negotiations which are part of its contracts. The agreement reached with Gazprom Export illustrates the quality of the commercial relationship which has always prevailed between both groups since the signing in 1975 of the first natural gas supply contract between Gaz de France and Sojuzneftegazexport, more than 40 years ago.

PGNiG Files Lawsuit Against OAO Gazprom and OOO Gazprom Export with the Stockholm Court of Arbitration

PGNiG has revealed that on 1 February that it filed a lawsuit against OAO Gazprom and OOO Gazprom Export with the Stockholm Court of Arbitration. The lawsuit is an element of proceedings initiated by PGNiG regarding change of pricing conditions of the long-term natural gas supply contract concluded in 1996. The aim of its recent actions is to adapt the contract to the current situation on the European gas market. Due to the confidential nature of the case, the firm refuses to disclose details on the lawsuit and the claim. The conflict regarding gas supplies between Poland and Russia started in 2014. PGNiG demands that the price of the resource be cut due to the huge slide in price of oil, which gas prices are tied to. Gazprom refuses to do so and demands that Poland continue to buy the gas at the original price. PGNiG fears that if the price remains high, customers will turn to alternative suppliers, which would pose a threat to the firm's business.

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