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Russia

Residential mortgage keeps growing in Russia

In 2016 H1, credit institutions extended 389,800 residential mortgage loans (RML) worth 389,800 according to statistics posted on Bank of Russia website. The growth of provided funds against 2015 H1 data totalled 44.2% and was still attributed to loans in rubles. In 2016 H1, the loan debt in foreign currency kept on reducing and accounted […]

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LUKOIL OPENS LUBRICANT STORAGE AND TRANSFER TERMINAL IN AUSTRIA

A bulk lubricant storage and transfer terminal of PJSC LUKOIL was brought into operation in Vienna today. The opening ceremony was attended by the Chairman of PJSC LUKOIL Board of Directors Valery Grayfer, President of Vienna Provincial Parliament Harry Kopietz and President of Vienna Chamber of Commerce and Industry Walter Ruck. The construction of the […]

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Cooperation between Gazprom and KAMAZ successfully developing

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Sergey Kogogin, Director General of KAMAZ. The parties discussed the current issues of cooperation. A focus was placed on the market expansion for gas as a vehicle fuel. The companies coordinate their efforts in converting vehicles to run on compressed natural gas and in promoting NGV warranty and maintenance service […]

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Russian gas exports to Austria grow by 76.2 per cent in January 2016

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Reinhold Mitterlehner, Austrian Vice Chancellor. The parties highlighted that the long-term strategic cooperation between Russia and Austria in the oil and gas sector had been successfully developing for many decades. A continuous increase was noted in Russian gas supplies to Austria. Preliminary estimates indicate that […]

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Nord Stream 2 to increase reliability of gas supply to Europe

Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation, paid a working visit to France. As part of the visit, a working meeting took place in Paris between Alexey Miller and Jean-Pierre Jouyet, Chief of Staff of the President of France. It was pointed out that against the declining domestic production in Europe, the demand for gas imports would grow. Russia, as a reliable energy supplier […]

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LUKOIL’s associated petroleum gas starts flowing to Gazprom-owned Sosnogorsk GPP

Sosnogorsk GPP Associated petroleum gas produced from the northern group of fields owned by LUKOIL-Komi started flowing to the Gazprom-owned Sosnogorsk gas processing plant (GPP). APG supplies will enable the loading of available capacities of the Sosnogorsk GPP and will make it possible to utilize efficiently the growing APG production from the LUKOIL fields in the Republic of Komi. Total gas supplies will make […]

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