Russia's Gazprom declared it again could allow foreign partners to jointly develop the Shtokman gas reserves, the company's deputy CEO Alexander Medvedev said in an interview published on Monday, July 9.

The Russian gas monopoly Gazprom plans to become the world’s first company with a stock-market value of a trillion dollars.

The Gazprom Management Committee has approved the updated key figures of the Gazprom Investment Program and draft Budget (Financial Plan) for 2007.

Valery Golubev, the deputy chairman of Russia's state-controlled gas monopoly Gazprom's Management Committee, said in April that the price of gas charged by Gazprom to Ukraine will depend on how closely the economies of both countries are prepared to cooperate, the Ukrainian website proUA.com reported.

Russian gas monopoly Gazprom said on Thursday, May 24th, that it had completed the construction of the first section of the Haidach underground gas storage facility in Salzburg, Austria, together with Austria's RAG and Russian-German joint venture WINGAS.

Gazprom Neft, the oil unit of Russian gas monopoly Gazprom, reported its net profit fall on Friday 24 percent in the first quarter of 2007 from the previous quarter.

Gazprom is on the brink of sealing a takeover of the huge Sakhalin2 oil and gas project, the biggest of its kind in the world. The seizure has been engineered by the Putin regime which controls the ravenous Russian energy giant.

The Eni-Neftegaz company, reportedly an affiliate of Italy's Eni SpA, won an auction Wednesday for an array of assets of the bankrupt Russian oil giant Yukos, including a 20 percent stake of the oil division of state-controlled gas monopoly Gazprom.

On March 19 Presidents Mahmoud Ahmadinejad of Iran and Robert Kocharian of Armenia inaugurated the operations of the Iran-Armenia gas pipeline (Armenpress, IRNA, March 19, 20). Although the project's scope is modest in terms of volume and market potential, its commissioning reflects two incipient trends of Eurasia-wide and potentially global impact, in some ways as their harbinger.

Iranian President Mahmoud Ahmadinejad and his Armenian counterpart on Monday formally opened the first Armenian section of a natural gas pipeline linking the two countries.