The Management Committee of PJSC Gazprom has reviewed the operational readiness of the Unified Gas Supply System (UGSS) facilities for peak loads expected in late 2020 – early 2021, as well as the measures necessary to ensure uninterrupted gas supplies to consumers in winter, the company informed.
90 comprehensive gas treatment units (CGTUs) and gas pre-treatment units (GPTUs) have been repaired at gas production facilities. It is planned to increase the capacity of booster compressor stations (BCSs) at the Bovanenkovskoye field in Yamal and to put into operation new BCSs at the Kshukskoye and Nizhne-Kvakchikskoye fields in Kamchatka until the year-end.
As of October 1, the company repaired 362 kilometers of the linear part of gas trunklines, 11 strings of submerged crossings, 410 gas compressor units, and 190 gas distribution stations while preparing the gas transmission system for winter. More than 22,000 kilometers of gas pipelines underwent in-line inspection.
Special attention was paid to the operation of underground gas storage (UGS) facilities which ensure a rapid increase in gas supplies during cold snaps or in periods of peak demand. By the beginning of the withdrawal season, the working gas inventories in Russian UGS facilities reached an all-time high of 72.3 billion cubic meters (taking into account the UGS facilities in Belarus and Armenia – 73.5 billion cubic meters).
PJSC Gazprom (tax number: 7736050003) is the world's biggest gas company. Its authorized capital is RUB 118.367 billion and consists of 23,673,512,900 common shares with a face value of 5 rubles. The company has several hundred thousand shareholders in Russia and abroad. The Russian Federation owns more than 50% of Gazprom's shares. The Bank of New York Mellon is the depositary of Gazprom's ADR program.
IFRS profit of Gazprom for 2019 dropped by 17% to RUB 1.269 trillion from RUB 1.529 trillion a year earlier. Profit attributable to shareholders of PJSC Gazprom amounted to RUB 1.203 trillion against RUB 1.456 trillion. Profit from sales decreased by 42% to RUB 1.12 trillion from RUB 1.93 trillion, pre-tax profit by 12.2% to RUB 1.627 trillion from RUB 1.852 trillion. Sales revenue (net of excise tax, VAT and customs duties) decreased by 7% to RUB 7.659 trillion. The lower sales revenue mainly results from a lower revenue from gas sales to Europe and other countries.
