Definitions for gazprom
gazprom

WikipediaRate this definition:0.0 / 0 votes

1. Gazprom

   PJSC Gazprom (Russian: Газпром, IPA: [ɡɐzˈprom]) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue. In the 2020 Forbes Global 2000, Gazprom was ranked as the 32nd largest public company in the world. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost (газовая промышленность, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest companies in Russia by market capitalization. At present (in 2023), the company is delisted from international markets, and continues substantial construction in its operational results (such as production, export). Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas, producing 497.6 billion cubic meters of natural and associated gas and 15.9 million tonnes of gas condensate. Gazprom then exports the gas through pipelines that the company builds and owns across Russia and abroad such as Nord Stream 1 and TurkStream. In the same year, Gazprom has proven reserves of 35.1 trillion cubic meters of gas and 1.6 billion tons of gas condensate. Gazprom is also a large oil producer through its subsidiary Gazprom Neft, producing about 41 million tons of oil with reserves amounting to 2 billion tons. The company also has subsidiaries in industrial sectors including finance, media and aviation, and majority stakes in other companies. Gazprom was created in 1989, when the Soviet Ministry of Gas Industry was converted to a corporation, becoming the first state-run corporate enterprise in the Soviet Union. After the Soviet Union's dissolution, Gazprom was privatized, retaining its Russia-based assets. At that time, Gazprom evaded taxes and state regulation and engaged in asset stripping. The company later returned to government control in the early 2000s, and since then, the company is involved in the Russian government's diplomatic efforts, setting of gas prices, and access to pipelines.The company is majority-owned by the Russian government, via the Federal Agency for State Property Management and Rosneftegaz, while remaining shares are traded publicly. Gazprom has a listing in the Moscow Exchange and had a market capitalization of US$80.56 billion as of September 2019.

WikidataRate this definition:0.0 / 0 votes

1. Gazprom

   Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and one of the world's largest companies. Its name is a contraction of the Russian words Gazovaya Promyshlennost. Its headquarters are in Moscow. Gazprom was created in 1989 when the Soviet Ministry of Gas Industry transformed itself into a corporation, retaining all its assets. The company was later partly privatised, although the Russian government currently holds a majority stake. In 2011, the company produced about 513.2 billion cubic metres of natural gas, amounting to more than 17% of worldwide gas production. In addition, Gazprom produced about 32.3 million tons of crude oil and nearly 12.1 million tons of gas condensate. Gazprom's activities accounted for 8% of Russia's gross domestic product in 2011. Gazprom's major production fields are located around the Gulf of Ob in Western Siberia, while the Yamal Peninsula is expected to become the company's main gas producing region in the future. Gazprom possesses the largest gas transport system in the world, with approximately 158,200 kilometres of gas trunk lines. Major new pipeline projects include Nord Stream and South Stream.

How to pronounce gazprom?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say gazprom in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of gazprom in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of gazprom in Pythagorean Numerology is: 6

Examples of gazprom in a Sentence

1. Valentyn Zemlyansky:

   All these threats by Gazprom are not particularly frightening for us, as the situation has radically changed compared to last autumn, we've passed through the winter season - the mild weather really helped us, as well as decreased consumption by industry.

2. Alexander Kornilov:

   It is clear that the first line will be built, i doubt Gazprom will be building the second one until firm agreements (with Europe) are reached.

3. Andrey Kortunov:

   If it fails, it will be a big loss for Gazprom and the Russian economy, but it's not like the Russians will say okay, you can go ahead with the NATO enlargement, but as long as Nord Stream 2 is operational, that's fine, the question is what is [ Putin's ] ultimate aim ? He's got the money, the currency reserves that Russia has saved, it can afford to lose money right now... is the economic relationship, the pipeline, a cost he's willing to pay ?

4. Josep Borrell:

   Member states are free to do bilateral agreements, as far as I know, there is nothing illegal, nothing that goes against European law, on this deal between Hungary and Gazprom.

5. Tom Malinowski:

   Major Russian companies like Gazprom have lost practically all of their value.

Popularity rank by frequency of use

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Gazprom
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=gazprom