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  • Gazprom and ENGIE sign Memorandum of Understanding
    édité le 25/04/2017 - Plus de news de "GAZPROM" - Voir la fiche entreprise de "GAZPROM"


Gazprom and ENGIE sign Memorandum of Understanding
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Isabelle Kocher, CEO of ENGIE, took place in Paris.

The parties discussed the progress of and prospects for cooperation in the gas sector, focusing, among other things, on the Nord Stream 2 project. Particular attention was paid to Russian gas supplies to France. It was noted that gas exports to France had added 11.4 per cent in the period from January 1 to April 23, 2017, compared to the same period of 2016.

In the course of the meeting, Alexey Miller and Isabelle Kocher signed a Memorandum of Understanding. The document aims to promote cooperation between Gazprom and ENGIE.

Background

France's ENGIE SA (prior to 2015 – GDF SUEZ) is focused on natural gas exploration, production, processing and marketing, as well as power generation.

Gazprom and ENGIE cooperate in gas supplies, sci-tech development, and personnel training. The companies also pursue joint cultural projects.

In 2016, Gazprom exported to France 11.5 billion cubic meters of gas, which was 18.2 per cent higher than in 2015.

About Gazprom

Gazprom is a global energy company focused on 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 as ensuring a 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 amounts to 17 and 72 per cent respectively. Gazprom accounts for 11 and 66 per cent of the global and national gas output correspondingly.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission system with a total length of 171.2 thousand kilometers. Gazprom sells more than half of its gas to Russian consumers and exports gas to more than 30 countries.

About ENGIE

ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 153,090 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).


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