Gazprom

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PJSC Gazprom (Russian: ПАО «Газпром», IPA: [ɡɐsˈprom]) is a Russian state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost (газовая промышленность, gas industry). In December 2024, Gazprom ranked fifth in the list of the largest companies in Russia by market capitalization. In 2023, the company's revenue amounted to 8.5 trillion rubles, a significant decline from the 11.7 trillion rubles it reported in 2022. Vertically integrated, Gazprom is active in the hydrocarbons sector, with activities including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas: 497.6 billion cubic meters of natural and associated gas and 15.9 million tonnes of gas condensate. Gazprom distributes gas through pipelines that the company builds and owns across Russia and...

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