Gazprom, Tomsk region sign region's gas infrastructure development program

AK&M 10 December 2020 23:25

Alexey Miller, Chairman of the Management Committee of Gazprom, and Sergey Zhvachkin, the Governor of Tomsk region, have signed a program for the development of gas supplies and gas infrastructure for a new 5-year period (2021-2025). Gazprom's investment is projected at RUB 3.7 billion, the company informed.

Under the document, the company will complete the construction of facilities for autonomous gasification of localities located at a considerable distance from the trunk gas pipelines. This primarily refers to a natural gas liquefaction complex near the Kargala gas distribution station (Shegarsky district) and five gas receipt, storage and regasification stations.

As of January 1, 2020, the gas infrastructure penetration was 13.6%.

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.