Marketing

2023 Annual Report (PDF, 9.8 MB)

Gazprom's top priority is to ensure reliable gas supplies to Russian consumers, especially in the cold period. The Company succeeds in this task, fulfills all of its obligations to domestic consumers and delivers the required amounts of gas abroad.

In 2023, the Gazprom Group sold 342.0 billion cubic meters of gas, with the net revenue from gas sales (net of excise tax, VAT and customs duties) totaling RUB 3,124.8 billion.

Russian gas market

Gazprom is the largest supplier of natural gas in the Russian market. The share of natural gas produced by the Gazprom Group accounts for 61 per cent of the total amount of gas supplied to Russian consumers via Gazprom's GTS. The Gazprom Group sells most of its gas domestically.

Gazprom's participation in covering domestic gas consumption in Russia,
2019–2023, billion m3
Indicator 2019 2020 2021 2022 2023
Domestic gas consumption in Russia 481.0 460.5 516.1 486.6 495.6
Gas supplies to Russian consumers via Gazprom's GTS* 353.9 338.8 376.8 372.1 375.3
including the Gazprom Group via GTS (gas volumes purchased from independent producers are included) 240.0 225.9 258.5 243.8 239.2
Supplies of gas produced by the Gazprom Group to Russian consumers via Gazprom's GTS* 221.2 208.4 238.1 227.5 215.2

* Excluding the GTS process needs.

In accordance with Russia's current legislation, gas prices for end consumers are subject to state regulations and differentiated by consumer groups (population and industries) and price zones depending on the distance of transmission from producing regions to consumers.

Natural gas consumption in Russia
Natural gas consumption in Russia

Natural gas consumption in Russia

Regulatory framework for Russian gas market

Development of Russian gas market

Gazprom participates in:

  • improving the calculation methods for gas transmission tariffs;
  • developing the organized gas trading activities, including the improvement of gas exchange trading activities on a day-ahead or month-ahead basis;
  • improving the rate-setting system for gas transmission services;
  • creating market approaches to gas pricing;
  • equalizing the conditions of gas supplies in the domestic market;
  • shaping of the common gas market of the Eurasian Economic Union.

Gas distribution

Gazprom is the leader of Russia's gas distribution sector.

As of late 2023, the Gazprom Group's gas distribution subsidiaries and affiliates owned and operated 900.8 thousand kilometers of gas distribution networks in the Russian Federation.

Length of gas distribution pipelines in Gazprom Group, thousand kilometers
Length of gas distribution pipelines in Gazprom Group, thousand kilometers

Length of gas distribution pipelines in Gazprom Group, thousand kilometers

Foreign markets

A considerable increase in the demand for Russian gas abroad was driven by the Chinese market, the most dynamic gas market in the world. In 2023, following China’s requests, gas exports via the Power of Siberia gas pipeline repeatedly exceeded Gazprom’s daily contractual obligations.

In 2023, natural gas supplies to China via the Power of Siberia gas pipeline grew by over 47 per cent compared to 2022, amounting to 22.73 billion cubic meters of gas.

The total amount of gas supplies in 2023 significantly exceeded the planned contractual figures. The Company has once again proven its reputation as a responsible supplier.