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12<br />

Company Information<br />

Track Record of the Company<br />

1993<br />

Over the more than 20 years since it was founded in 1993, OAO <strong>Gazprom</strong> has grown into one of<br />

the global energy market leaders.<br />

<strong>Gazprom</strong> has diversified its core business. In addition to its gas business, the Group has been<br />

successfully operating in the oil and power markets: it ranks among Russia’s top 5 oil companies<br />

and is Number One in Russia by installed power and heat capacity.<br />

<strong>Gazprom</strong> has significantly expanded the geography of its operations. The Company entered<br />

the promising Asia-Pacific market, launched its operations in the Central Asia, Africa and Latin<br />

America, and is a player in the global LNG trade.<br />

<strong>Gazprom</strong> pioneered the development of the Russian Arctic shelf, launched a fundamentally<br />

new gas production centre in the Yamal Peninsula, and started building large-scale gas infrastructure<br />

in Russia’s East. <strong>Gazprom</strong> was the first in Russia to introduce underwater production technology<br />

enabling gas extraction without above-water structures, and joined efforts with its foreign<br />

partners to launch Russia’s first and only LNG plant.<br />

This success is underpinned by the Company’s long-term strategy, tight vertical integration and<br />

sound governance. This strong track-record provides a firm foundation for <strong>Gazprom</strong>’s continued<br />

success in competing against global majors, implementing ambitious projects and achieving<br />

impressive results.<br />

Milestones<br />

17 February: Pursuant to the Russian Government’s Resolution, in furtherance of the Presidential<br />

Decree, <strong>Gazprom</strong> State Gas Concern was reorganized into <strong>Gazprom</strong> Russian Joint Stock Company<br />

(RAO).<br />

1994<br />

1995<br />

April: Privatization of RAO <strong>Gazprom</strong> started.<br />

31 May: RAO <strong>Gazprom</strong>’s first annual General Shareholders Meeting was held.<br />

1998<br />

1999<br />

2001<br />

2003<br />

2005<br />

26 June: Pursuant to the resolution of its General Shareholders Meeting, <strong>Gazprom</strong> Russian Joint<br />

Stock Company (RAO <strong>Gazprom</strong>) was reorganised into <strong>Gazprom</strong> Open Joint Stock Company<br />

(OAO <strong>Gazprom</strong>).<br />

November: Gas supply started via the Yamal — Europe gas pipeline, running across four countries:<br />

Russia, Belarus, Poland, and Germany.<br />

30 May: Alexey Miller elected Chairman of OAO <strong>Gazprom</strong>’s Management Committee.<br />

31 October: Gas production started at the Zapolyarnoye field, one of the largest in the world.<br />

20 February: Commercial gas supplies started via Blue Stream, Russia’s first gas export offshore<br />

pipeline and the world’s deepest undersea pipeline.<br />

2 September: <strong>Gazprom</strong>’s first LNG shipment; the gas tanker arrived at a US LNG regasification<br />

terminal.<br />

21 October: <strong>Gazprom</strong> Group took control over 75.679% of OAO Sibneft, which laid a foundation<br />

for further development of <strong>Gazprom</strong>’s oil business.<br />

December: The law prohibited the State from holding less than 50% plus one share in<br />

OAO <strong>Gazprom</strong>. Restrictions were lifted on the acquisition of <strong>Gazprom</strong>’s shares by foreign investors.<br />

OAO <strong>Gazprom</strong> Annual Report 2014

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