Gazprom is the world’s largest gas company basically focused on geological exploration, production, transmission, storage, processing and marketing of gas and other hydrocarbons. The Russian government controls 50.002% of shares in Gazprom.
Gazprom’s mission is to provide effective and well-balanced gas supply to Russian customers and to safely implement long-term gas export contracts.
Gazprom’s strategy is to acquire the leading position among the global energy companies by entering new markets, diversifying core business activities and ensuring reliable supplies.
Reserves and gas production: Gazprom possesses the world’s largest natural gas reserves. The Company’s share in the global and Russian gas stocks makes up 17 and 60 per cent, respectively, with its overall reserves estimated at 29.85 tcm and currently priced at US$ 182.5 bln.