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Gazprom

8,625% Gaz Capital S.A. (2034)

PJSC “Gazprom”-is a global energy company. The main directions of activity are- geological exploration, production, transportation, storage, processing and realization of gas, gas condensate and oil, the realization of gas as a motor fuel, as well as the production and sale of heat and electricity.

ISIN

XS0191754729

Issuer Gaz Capital S.A.
Type of securities

Coupon bonds

Face value 1 000 USD
Issue country

Luxembourg

Minimum trading lot 10 000 USD
Date of issue

19.04.2004

Maturity date 28.04.2034
Coupon rate

8,625% per annum

Coupon period 180 days
Next coupon payment

28.10.2019

Coupon type twice a year
Coupon

Fixed

Last trading day 28.04.2034
Buy Sell
DESCRIPTION STRATEGY
Gazprom Group is the world leader in terms of reserves (around 16%) and production volumes (around 11%) of natural gas. In Russia, Gasprom provides 69% of gas production and around 12% of production of oil and gas condensate.Gazprom conducts production activities in 24 counties of the world, and the number of markets to which the products of the Group are supplied exceeds 130.
Gazprom is the main supplier of gas to consumers in Russia and in the countries of the former Soviet Union (FSU), as well as the largest exporter of gas in the European market (the share of the realization of gas by PJSC “Gazprom” under the contracts of “Gazprom export” and direct contracts of “GAZPROM Switzerland AG” in the consumption of gas by European far abroad countries is 36,8%).In Russia, Gazprom Group accounts for more than a half of the overall volume of the processing of natural and associated gas and 18% of oil and stable gas condensate refining.The Group owns electricity generating assets, which provide 14% of Russian electricity generation. Gazprom is the largest heat energy producer in Russia.

Currently, the company is actively implementing large-scale projects on developing gas resources of the Yamal Peninsula, the Arctic shelf, Eastern Siberia and the Far East, as well as a number of projects on the exploration and production of hydrocarbons abroad.

“Gazprom” is a reliable supplier of gas to Russian and foreign consumers. The company owns the world’s largest gas transmission system, the Unified Gas Supply System.

(UGSS) of Russia is a centralized system for the preparation, transportation and storage of natural gas. The Unified Gas Supply System includes the world’s largest system of high pressure gas pipelines in the European territory of Russia and Western Siberia. As of December 31,2018, the length of trunk gas pipelines and branches of gas transmission companies of the Gazprom Group on the territory of Russia amounted to 172.6 thousand kilometers. On the domestic market, “Gazprom” implements more than a half of the gas that is being sold. Besides, the company supplies gas to more than 30 countries of near and far abroad countries.

“Gazprom” is Russia’s largest producer and exporter of liquefied natural gas (LNG). The company successfully develops the trading of LNG within the framework of the ongoing project “Sakhalin-2” and also implements new projects that enable “Gazprom” to significantly strengthen its positions in the rapid-growing global LNG market.

The company is one of the four largest oil producers in the Russian Federation. “Gazprom” also owns large generating assets on the territory of Russia. Their total installed capacity is about 16% of the total installed capacity of the Russian power system. Besides, “Gazprom” ranks first in the world in the production of heat energy.

GAS BUSINESS
Exploration and production
Formation of gas production centers in Eastern Russia
Involvement of the Yamal Peninsula in the development of unique and large deposits
Commissioning of new fields in the Nadym-Pur-Taz region.
Supplementary exploration of deposits in deep-lying Achimov and Jurassic sediments, as well as in the Supsenomansky complex at the developing fields in the YNAO
Involvement of the northern seas in the development of deposits of the continental shelf
The development of gas transmission capacities
Integrated synchronized development with gas production and storage facilities, the readiness of new consumers to receive gas and export projects
Diversification of gas supply routes for export
Construction of new gas transmission facilities
Reconstruction and technical re-equipment of existing gas transportation facilities
Underground gas storage
Maintaining the achieved level of UGS capacities, increasing the flexibility of the UGS system and providing UGS capacities to the deficient regions on the territory of the Russian Federation
Expansion of the capacities of UGS facilities of Gazprom Group in foreign countriesDevelopment of gas processing, gas condensate and gas chemistry
Creation of new gas processing facilities for the development of resources in Eastern Siberia and the Far East
Processing of prospective volumes of liquid hydrocarbon raw materials from fields in Western Siberia

Development of LNG production and trade
Building up a personal LNG production

OIL BUSINESS
Exploration and production of oil
Effective development of a mature resource base
Ensuring maximum return on investment for new projects
Modernization of refining capacities and growth of operational efficiency

Oil refining
Modernization of refining capacities and growth of operational efficiency

ELECTRIC POWER BUSINESS
Constructing an optimal production capacity structure
Growth of operational efficiency and cost optimization

ADVANTAGES

  • Favorable geographical position allows to work simultaneously in three markets: Russian, European and Asian
  • A portfolio of long-term gas supply contracts to European and Asian consumers

MAIN FACTORS

  • Sales revenue: 8 224 177 million rubles for 2018
  • Total assets: 20 810 440 million rubles as of December 31, 2018
Вверх Up

Gazprom

8,625% Gaz Capital S.A. (2034)

PJSC “Gazprom”-is a global energy company. The main directions of activity are- geological exploration, production, transportation, storage, processing and realization of gas, gas condensate and oil, the realization of gas as a motor fuel, as well as the production and sale of heat and electricity.

ISIN

XS0191754729

Issuer Gaz Capital S.A.
Type of securities

Coupon bonds

Face value 1 000 USD
Issue country

Luxembourg

Minimum trading lot 10 000 USD
Date of issue

19.04.2004

Maturity date 28.04.2034
Coupon rate

8,625% per annum

Coupon period 180 days
Next coupon payment

28.10.2019

Coupon type twice a year
Coupon

Fixed

Last trading day 28.04.2034
Buy Sell
DESCRIPTION STRATEGY
Gazprom Group is the world leader in terms of reserves (around 16%) and production volumes (around 11%) of natural gas. In Russia, Gasprom provides 69% of gas production and around 12% of production of oil and gas condensate.Gazprom conducts production activities in 24 counties of the world, and the number of markets to which the products of the Group are supplied exceeds 130.
Gazprom is the main supplier of gas to consumers in Russia and in the countries of the former Soviet Union (FSU), as well as the largest exporter of gas in the European market (the share of the realization of gas by PJSC “Gazprom” under the contracts of “Gazprom export” and direct contracts of “GAZPROM Switzerland AG” in the consumption of gas by European far abroad countries is 36,8%).In Russia, Gazprom Group accounts for more than a half of the overall volume of the processing of natural and associated gas and 18% of oil and stable gas condensate refining.The Group owns electricity generating assets, which provide 14% of Russian electricity generation. Gazprom is the largest heat energy producer in Russia.

Currently, the company is actively implementing large-scale projects on developing gas resources of the Yamal Peninsula, the Arctic shelf, Eastern Siberia and the Far East, as well as a number of projects on the exploration and production of hydrocarbons abroad.

“Gazprom” is a reliable supplier of gas to Russian and foreign consumers. The company owns the world’s largest gas transmission system, the Unified Gas Supply System.

(UGSS) of Russia is a centralized system for the preparation, transportation and storage of natural gas. The Unified Gas Supply System includes the world’s largest system of high pressure gas pipelines in the European territory of Russia and Western Siberia. As of December 31,2018, the length of trunk gas pipelines and branches of gas transmission companies of the Gazprom Group on the territory of Russia amounted to 172.6 thousand kilometers. On the domestic market, “Gazprom” implements more than a half of the gas that is being sold. Besides, the company supplies gas to more than 30 countries of near and far abroad countries.

“Gazprom” is Russia’s largest producer and exporter of liquefied natural gas (LNG). The company successfully develops the trading of LNG within the framework of the ongoing project “Sakhalin-2” and also implements new projects that enable “Gazprom” to significantly strengthen its positions in the rapid-growing global LNG market.

The company is one of the four largest oil producers in the Russian Federation. “Gazprom” also owns large generating assets on the territory of Russia. Their total installed capacity is about 16% of the total installed capacity of the Russian power system. Besides, “Gazprom” ranks first in the world in the production of heat energy.

GAS BUSINESS
Exploration and production
Formation of gas production centers in Eastern Russia
Involvement of the Yamal Peninsula in the development of unique and large deposits
Commissioning of new fields in the Nadym-Pur-Taz region.
Supplementary exploration of deposits in deep-lying Achimov and Jurassic sediments, as well as in the Supsenomansky complex at the developing fields in the YNAO
Involvement of the northern seas in the development of deposits of the continental shelf
The development of gas transmission capacities
Integrated synchronized development with gas production and storage facilities, the readiness of new consumers to receive gas and export projects
Diversification of gas supply routes for export
Construction of new gas transmission facilities
Reconstruction and technical re-equipment of existing gas transportation facilities
Underground gas storage
Maintaining the achieved level of UGS capacities, increasing the flexibility of the UGS system and providing UGS capacities to the deficient regions on the territory of the Russian Federation
Expansion of the capacities of UGS facilities of Gazprom Group in foreign countriesDevelopment of gas processing, gas condensate and gas chemistry
Creation of new gas processing facilities for the development of resources in Eastern Siberia and the Far East
Processing of prospective volumes of liquid hydrocarbon raw materials from fields in Western Siberia

Development of LNG production and trade
Building up a personal LNG production

OIL BUSINESS
Exploration and production of oil
Effective development of a mature resource base
Ensuring maximum return on investment for new projects
Modernization of refining capacities and growth of operational efficiency

Oil refining
Modernization of refining capacities and growth of operational efficiency

ELECTRIC POWER BUSINESS
Constructing an optimal production capacity structure
Growth of operational efficiency and cost optimization

ADVANTAGES

  • Favorable geographical position allows to work simultaneously in three markets: Russian, European and Asian
  • A portfolio of long-term gas supply contracts to European and Asian consumers

MAIN FACTORS

  • Sales revenue: 8 224 177 million rubles for 2018
  • Total assets: 20 810 440 million rubles as of December 31, 2018