Gazprom’s delegation, led by Alexey Miller, Chairman of the Company’s Management Committee, paid a visit to France.
As part of the visit, Alexey Miller met with Jean-Pierre Jouyet, Chief of Staff of the French President and Emmanuel Macron, Minister of Economy, Industry and Digital Sector.
The attending parties noted that for 40 years now Gazprom had been a reliable gas supplier underpinning French economy. The Company successfully cooperates with ENGIE – a largest energy company in Europe.
It was highlighted that the demand of French consumers for Russian gas grew rapidly in 2015. In 11 months Gazprom has exported 8.7 billion cubic meters of gas to the country showing a 32 per cent increase versus the same period of 2014 (6.6 billion cubic meters).
Alexey Miller also met with Isabelle Kocher, Deputy CEO of ENGIE in Paris today to address the status of the Nord Stream 2 project.
About Gazprom and ENGIE
ENGIE specializes in power generation as well as natural gas exploration, production, processing and marketing projects.
On September 4, 2015 Gazprom, BASF, E.ON, ENGIE, OMV and Shell inked the Shareholders Agreement to construct the Nord Stream 2 gas pipeline with a capacity of 55 billion cubic meters of gas a year from Russia to Germany across the Baltic Sea.
On November 12, 2015 Gazprom and ENGIE signed the Addendum to the Sales and Purchase Agreement for shares of the Nord Stream 2 joint project company (JPC), which executed the Nord Stream 2 project. According to the document, ENGIE increased its stake in the project to 10 per cent. Thus, the shareholding structure is as follows: Gazprom – 50 per cent, BASF, E.ON, ENGIE, OMV, Shell – 10 per cent each.
In 2014 Gazprom supplied France with 7.6 billion cubic meters of gas.
About Gazprom
Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.
Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.
Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.
Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.