Gazprom to change strategy

Gazprom, which basically focused on the supply of natural gas, decided to change the strategy “a little bit”. According to the head of the company Alexey Miller, now more attention will be paid to the creation of new gas processing facilities, RBC reports.

“This is due to the fact that the gas fields of Eastern Siberia is a multicomponent and etcher-containing,” Miller explained. Now the company is important to “monetize” the development of such gas reserves, of which it is possible to allocate raw materials for other industries, for example, propane, butane, pentan-hexane fraction and helium.

Now Gazprom has two such gas processing projects – a Amur gas processing plant and a complex in Ust-Luga. “These projects are among the largest in the world,” Miller emphasized.

He also stated that the company is working on development scenarios until 2050 under low carbon agenda. In particular, Gazprom works on the production of hydrogen from methane without CO2 emissions, TASS notes.

Previously, Gazprom provided reporting: last year he received 135.34 billion rubles net profit under IFRS (international financial reporting standards) relating to shareholders. It is almost nine times lower than the figure of 2019 (1.2 trillion rubles),

/Media reports.