AK&M 09 October 2026 17:58
Gazprom and LUKOIL have started pilot operation of the Layavozhskoye oil and gas condensate field in the Nenets Autonomous Okrug. This is stated in the message of the parties.
The Layavozhskoye field is being developed as part of a strategic partnership between Gazprom and LUKOIL by a joint venture, Layavozhneftegaz LLC.
The aim of the project is to provide consumers with in—demand energy resources. Pilot production of the field has begun with oil production. For this purpose, the necessary infrastructure for the extraction, preparation and shipment of liquid hydrocarbons, highways, an energy center and a temporary residential complex for employees have been built.
The next stage is the full—scale development of the field, including the construction and launch of infrastructure for the extraction and preparation for transportation of natural gas.
LUKOIL (TIN 7708004767) is one of the largest Russian oil companies. The company is engaged in the exploration, production and refining of oil and natural gas, as well as the sale of oil and petroleum products. The headquarters is located in Moscow (Russia). The company carries out exploration and production in a number of countries around the world, with major projects concentrated in Russia, Central Asia and the Middle East.
On August 7, 2024, the AK&M rating agency confirmed the highest level of the LUKOIL Group's non-financial (in the field of sustainable development) reporting.
According to RA AK&M, by the end of 2024, LUKOIL is among the leaders of the fifth carbon footprint rating and the eighth social efficiency rating of the largest Russian companies.
LUKOIL's revenue under RAS for 2025 increased year-on-year by 13.3% to 3.45 trillion rubles. Net profit decreased by 44.9% to RUB 403.7 billion.
Gazprom (TIN 7736050003) is the world's largest natural gas company. The Russian Federation, being the party with ultimate control, has a controlling stake (including direct and indirect ownership) of over 50% in Gazprom PJSC.
The declared, issued and paid-up authorized capital amounts to 325.19 billion rubles. as of December 31, 2025, it includes 23.67 billion ordinary shares with a par value of RUB 5 each.
The group owns 29 million ordinary shares of Gazprom PJSC as of December 31, 2025, which are accounted for as repurchased treasury shares.
The state directly owns 38.37% of the issued shares of Gazprom PJSC as of December 31, 2025. JSC ROSNEFTEGAZ and JSC Rosgazification, which are controlled by the state, own 11.86% of the issued shares of PJSC Gazprom.
Gazprom's RAS net profit for the first quarter of 2026 amounted to 147.5 billion rubles against a loss of 18.12 billion rubles a year earlier. Revenue decreased by 0.5% to RUB 1.79 trillion from RUB 1.8 trillion. Revenue from the sale of gas amounted to 1.24 trillion rubles against 1.22 trillion rubles. Gross profit increased by 5.9% to 687.9 billion rubles from 641.28 billion rubles.
Gazprom Group's net profit for the first quarter of 2026 under IFRS amounted to 345.23 billion rubles against 660.36 billion rubles a year earlier. The group's revenue amounted to 2.799 trillion rubles against 2.8 trillion rubles. The profit from sales increased to 609.8 billion rubles from 479.6 billion rubles.
Profit attributable to Gazprom shareholders under IFRS for the first half of 2026 decreased by 12% to 863.86 billion rubles from 983.14 billion rubles a year earlier. Sales revenue increased by 6% to 5.3 trillion rubles from 4.99 trillion rubles, and sales profit increased by 1.45 times to 1.19 trillion rubles from 823.999 billion rubles.
According to the AK&M Rating Agency, by the end of 2024 Gazprom is among the leaders of the fifth rating of responsibility to society.
Gazprom and LUKOIL have started pilot operation of the Layavozhskoye oil and gas condensate field in the Nenets Autonomous Okrug
