Gazprom-AR2014
Gazprom-AR2014
Gazprom-AR2014
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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