Bloomberg News

Gazprom’s Export Division to Move to St. Petersburg Next Year

August 23, 2012

OAO Gazprom, the world’s biggest natural-gas producer, will move its export division to St. Petersburg, the hometown of Russian President Vladimir Putin, next year.

Gazprom Export’s head office will open in Russia’s second city by Sept. 1, 2013, Alexander Medvedev, the head of the unit and a deputy chief executive officer at the gas producer itself, told reporters today in St. Petersburg.

The producer’s oil arm, Gazprom Neft, moved its head office to St. Petersburg from Moscow this year. The company and city government agreed to move its planned skyscraper to the outskirts after activists and historical preservation groups fought the construction of what was designed as Europe’s tallest tower near the center of Russia’s former imperial capital.

Gazprom is shifting personnel to St. Petersburg, which has become “the gas window to Europe, thanks to Nord Stream,” CEO Alexey Miller told reporters in June, referring to Russia’s first pipeline directly to the European Union under the Baltic Sea. Gazprom itself won’t move its headquarters from Moscow, he said.

To contact the reporter on this story: Anatoly Temkin in St. Petersburg at atemkin@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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