PJSC Gazprom’s Investment Program

In the reporting year, PJSC Gazprom went on with its investment program. Actual CAPEX for the year stood at RUB 1,769.5 billion.

To address the strategic objectives of ensuring the country’s energy supply and strengthening positions in export markets, PJSC Gazprom runs major investment projects, which contribute to key social development goals, create new jobs, and promote innovations in process safety, energy efficiency and environmental protection.

During the reporting period, the Management Committee and the Board of Directors reviewed matters related to the implementation of the investment program. They approved the revised investment program of PJSC Gazprom for 2024Resolution of the Board of Directors of PJSC Gazprom No. 4133 dated October 29, 2024., endorsed the Company’s continued implementation of major investment projectsResolution of the Board of Directors of PJSC Gazprom No. 4134 dated October 29, 2024., and approved the investment program of PJSC Gazprom for 2025Resolution of the Board of Directors of PJSC Gazprom No. 4157 dated December 24, 2024..

The program focuses on financing priority projects, including further development of gas production hubs in Eastern Russia and on the Yamal Peninsula, gas infrastructure expansion across Russian regions, capacity upgrades for the Power of Siberia gas pipeline and the Company’s gas processing assets, construction of the Eastern Gas Supply System gas trunkline, and implementation of projects ensuring balanced peak gas supplies.

RUB 1,769.5 billion

actual CAPEX for the year

Actual expenditures under PJSC Gazprom’s investment program, RUB billion
Length of gas trunklines commissioned in 2022–2024, km

Key Investment Projects of the Gazprom Group in the Context of Sustainable Development

Map of the Gazprom Group’s Key Investment Projects

1. Gas Processing FacilityThe project is run jointly with PJSC Gazprom’s Russian partner. within the Ethane-Containing Gas Plant near Ust-Luga, Leningrad Region
2. Bovanenkovskoye field
3. Kharasaveyskoye field
4. Kovyktinskoye field
5. Chayandinskoye field
6. Power of Siberia
7. Amur GPP
8. Belogorsk–Khabarovsk gas pipeline
9. Sakhalin–Khabarovsk–Vladivostok gas trunkline

Gas Production Projects

The Company’s fields use a wide range of advanced technologies helping to enhance their operational efficiency, ensure process safety and minimize environmental impact.

Technologies and automation
  • Use of low-staffed and automated solutions to improve process manageability and reduce human error.
  • Use of autonomous energy sources based on renewables.
  • Application of equipment complying with the best available technologies (BAT).
  • Implementation of shutdown devices, automated controls, and early warning systems.
  • Use of variable frequency drive motors and LED lighting.
  • Installation of energy-efficient boiler equipment.
Environment
  • Use of closed-loop production systems to prevent air, soil and groundwater pollution.
  • Assessment of environmental impact using bioindication methods.
  • Storage of drilling waste in underground tanks located in stable permafrost zones.
  • Use of heat-insulated casing pipes to prevent permafrost thawing and help minimize the size of the well pad.
  • Ongoing transition to NGV fuels.
  • Construction of special crossings under/over infrastructure lines for wildlife migration.
Process safety
  • Operation of facilities under the Integrated System of Process Safety Management.
  • Implementation of soil temperature stabilization and corrosion monitoring systems to ensure well operation safety.

Impact of the Company’s gas production projects on sustainability performance

Project Number of jobs created Sustainability highlights in 2024

Development of the Chayandinskoye field

  • Republic of Sakha (Yakutia)
  • Project launch: 2013

Purpose of the investment project:
gas production to ensure supplies to Russia’s Far Eastern Federal District, including exports to China.

The Chayandinskoye oil and gas condensate field (OGCF) is one of the largest in Eastern Russia. It serves as the main resource base feeding the Power of Siberia gas trunkline. Furthermore, it plays a crucial role in developing the Yakutia gas production center, which will supply gas to consumers in Yakutia and other regions of Russia’s Far East.

In 2024:
0

From the start of calculation till December 31, 2024:
1,176

PlannedPlanned for the project life cycle.:
1,176

  • Financial assistance provided to renovate the in-patient section of the Vitim City Hospital.
  • Three sports grounds constructed.

Smart soil stability monitoring

Located in a permafrost zone, the Chayandinskoye field faces soil stability challenges. To ensure the reliable operation of equipment and pipelines and strengthen the structural stability of buildings and facilities, in 2024, the field implemented a smart geotechnical monitoring system, which ensures continuous remote monitoring of temperatures in the ground under foundations and controls the spatial positioning of buildings and structures.

Development of the Kovyktinskoye field

  • Irkutsk Region
  • Project launch: 2019

Purpose of the investment project:
gas production to ensure supplies to Russia’s Far Eastern Federal District, including exports to China.

The Kovyktinskoye gas condensate field (GCF) is the largest in Eastern Russia by gas reserves. Alongside the Chayandinskoye field, it plays a crucial role in developing the Irkutsk gas production center and supplying resources to the Power of Siberia gas trunkline.

In 2024:
362

From the start of calculation till December 31, 2024
2,912

PlannedPlanned for the project life cycle.:
3,770

  • Financial assistance provided to the Zhigalovo District Hospital so that it could purchase medical equipment, drugs, and reagents for the clinical and diagnostic lab.
  • Funding allocated for the reconstruction of the Resurrection of Christ Church in the village of Verkholensk, Irkutsk Region.
  • Funding provided to renovate Secondary School No. 6 in Kirensk (Irkutsk Region) and to build a new school canteen.
  • A new dormitory for 130 employees of the operating company completed and put into operation.

Digital observatory of Kovykta

PJSC Gazprom joined forces with the Russian Academy of Sciences and the TPM Scientific and Technical Center to deploy a geomagnetic observatory near the Kovyktinskoye field. The observatory uses digital terrain models and aircraft equipped with magnetometers to transmit data with a delay of no more than five minutes. The Company also put in place a service center tasked with integrating the data and transmitting it to drilling rigs The data generated by the observatory will help improve the accuracy of directional drilling, reduce the risk of well deviation beyond the permissible zone, and enhance production efficiency at the Kovyktinskoye field.

Development of the Kharasaveyskoye field (Cenomanian-Aptian deposits)

  • Yamal-Nenets Autonomous Area
  • Project launch: 2012

Purpose of the investment project:
expansion of gas production on the Yamal Peninsula.

The Kharasaveyskoye field is located on the Yamal Peninsula, north of the Bovanenkovskoye field, extending mostly over land and partly into the Kara Sea. With gas reserves of approximately 2 tcm, it is classified as a unique field. The Yamal gas production center plays a key role in the development of Russia’s gas industry in the 21st century. The Gazprom Group plans to operate the field for decades to come.

In 2024:
4

From the start of calculation till December 31, 2024:
508

PlannedPlanned for the project life cycle.:
952

  • Metal scrap and other legacy waste of the first geological exploration expeditions removed from indigenous territories.

Caring for indigenous communities

In 2024, medical units operated by the Gazprom Group at the Bovanenkovskoye and Kharasaveyskoye fields provided care to 38 representatives of indigenous minorities of the Far North. General practitioners and specialist doctors offered repeated consultations, performed diagnostics and treatment, and, where necessary, provided obstetric care. The on-site medical stations ensure access to qualified healthcare for indigenous communities, which is of critical importance in the harsh climate of the Far North.

Upgrades to enhance safety

In 2024, the Company started reconstruction of flaring units and pipelines at the Bovanenkovskoye field. The project includes installation of advanced corrosion monitoring systems to track the state of equipment and thus further improve occupational health and safety.

Development of the Bovanenkovskoye field (CenomanianAptian deposits)

  • Yamal-Nenets Autonomous Area
  • Project launch: 2006

Purpose of the investment project:
ramping up gas output to supply gas to Russian consumers and international markets.

The Bovanenkovskoye field is the backbone of the Yamal gas production center, a crucial project for the development of Russia’s gas industry. It is also the largest field on the peninsula in terms of proven gas reserves.

In 2024:
36

From the start of calculation till December 31, 2024:
3,304

PlannedPlanned for the project life cycle.:
3,329

Gas Transportation Projects

The Gazprom Group uses innovative, energy efficient and environmentally safe technologies in the construction of gas pipelines to ensure high reliability and minimize environmental impact.

Technologies and automation
  • Use of low-staffed and automated solutions to improve production efficiency.
  • Application of automated welding with triple seam inspection to prevent accidents.
  • Use of Russian-made steel pipes with smooth internal coating in the construction of gas pipelines to reduce energy consumption during gas transportation.
  • Use of autonomous energy sources based on renewables.
Environment
  • Installation of energy-saving equipment with improved efficiency at compressor stations to reduce emissions and prolong equipment lifespan.
  • Regular environmental monitoring and control in construction areas.
  • Use of rapidly deployable self-propelled bridges to preserve the ecosystem and minimize the environmental impact.
  • Environmental improvements in communities undergoing gas infrastructure expansions, among other things, thanks to coal-to-gas power plant conversions, which help reduce harmful emissions and improve air quality

Impact of the Company’s gas transportation projects on sustainability performance

Project

Construction of the Power of Siberia gas trunkline

Purposes of the investment project:

  • social and economic development of eastern regions of Russia;
  • creating process capabilities to run gas infrastructure expansion programs in local settlements;
  • gas production from the Chayandinskoye OGCF and the Kovyktinskoye GCF to ensure supplies to Russia’s Far Eastern Federal District, including exports to China;
  • development of state-of-the-art gas processing and gas-to-chemicals technologies.

The largest gas transmission system in Eastern Russia

The Power of Siberia gas trunkline (the Eastern route) transports gas from the Kovyktinskoye field in the Irkutsk Region and the Chayandinskoye field in the Republic of Sakha (Yakutia) to consumers in Russia’s Far East and China. The gas pipeline route runs across the territories of three Russian regions: Irkutsk Region, Republic of Sakha (Yakutia), and Amur Region.

Project Number of jobs created Sustainability highlights in 2024

Construction of the Power of Siberia gas trunkline

  • Republic of Sakha (Yakutia), Amur Region
  • Project launch: 2014

In 2024:
76

From the start of calculation till December 31, 2024:
2,470

PlannedPlanned for the project life cycle.:
2,521

  • Launch of the Svobodny gas distribution station (GDS), with gas supplied to a residential neighborhood where Amur GPP employees reside.
  • Start of construction on the Southern Yakutia TPP. The plant will be powered by natural gas delivered via the Power of Siberia pipeline and will supply electricity to the railway infrastructure of the Eastern Operating Domain, helping improve transport accessibility and boost economic activity in the region.

Reliability through digitalization

In 2024, during the construction of the Power of Siberia pipeline, the Gazprom Group implemented the Weldbook digital system. This domestically developed software automates welding operations by recording and monitoring weld joints in a centralized database. The use of Weldbook reduces human error, speeds up defect detection, and enhances structural reliability. This development marks an important step in ensuring operational safety and advancing Russia’s digital technologies.

Construction of the Power of Siberia gas pipeline section from the Kovyktinskoye GCF to the Chayandinskoye OGCF

  • Republic of Sakha (Yakutia), Irkutsk Region
  • Project launch: 2022Commissioning/launch year for key production facilities.

In 2024:
219

From the start of calculation till December 31, 2024:
419

PlannedPlanned for the project life cycle.:
590

Construction of the Sakhalin — Khabarovsk — Vladivostok gas trunklineIncluding gas pipeline branch from the Sakhalin — Khabarovsk — Vladivostok gas trunkline to the Chinese border.

  • Sakhalin Region, Khabarovsk Territory, Primorye Territory
  • Project launch: 2009

Purposes of the investment project:

  • ensuring reliable gas supplies to consumers in the Primorye and Khabarovsk Territories;
  • increasing gas supplies to Russian consumers via the trunkline;
  • ensuring gas exports to the Asia-Pacific region.
  • The Sakhalin — Khabarovsk — Vladivostok gas transmission system is the first interregional gas infrastructure project in Eastern Russia. It is designed to deliver gas extracted from the Sakhalin offshore fields to consumers in the Khabarovsk and Primorye Territories. This gas transmission system set the stage for large-scale gas infrastructure expansion projects and enabled gas exports to the Asia-Pacific countries.

In 2024:
20

From the start of calculation till December 31, 2024:
1,144

PlannedPlanned for the project life cycle.:
1,204

Protecting ecosystems

In 2024, we completed the construction of underwater crossings under the Arkhara and Tom rivers in the Amur Region as part of the Belogorsk—Khabarovsk gas pipeline, which will link the Power of Siberia and Sakhalin—Khabarovsk—Vladivostok gas trunklines. The length of the crossing is 632 m across the Arkhara and 819 m across the Tom. The Company used the direct pipe technology, which enables pipe installation without disturbing the surface soil and thus significantly reduces the environmental impact.

Gas Processing Projects

The Gazprom Group’s gas processing projects are built around high standards of process safety, environmental responsibility and state-of-the-art technologies, which helps minimize risks to the environment and human health.

Process safety and risk management
  • Engagement of the leading Russian scientific and engineering institutions to conduct risk-based analysis at the design stage.
  • Running all engineering processes in a sealed closed system to eliminate leakage and prevent environmental impact.
  • Use of shut-off valves of at least leakage class 1 to ensure the minimum probability of pollutant emissions.
  • Equipment of all process units with advanced monitoring, management and automation systems, including a highly efficient emergency shutdown system.
  • Use of 3D navigation and positioning to familiarize staff with safety practices.
Environment
  • Use of specialized software to automate environmental safety and protection tasks in large companies.
  • Integration of solutions for preserving the surrounding ecosystems into relevant design documents.
  • Use of cryogenic gas units in production processes without relying on external cold sources.
  • Collection and treatment of all types of wastewater discharges at purification facilities using membrane bioreactor technology to enhance treatment efficiency without increasing the plant’s footprint.
  • Use of heat recovered from exhaust gases of gas pumping units to boil water.
Impact of the Company’s gas processing projects on sustainability performance
Project Number of jobs created Sustainability highlights in 2024

Construction of the Amur Gas Processing Plant

  • Amur Region
  • Project launch: 2015

Purpose of the investment project:
processing of natural gas delivered via the Power of Siberia gas trunkline into valuable feedstock for gas chemistry and other industries. The Amur Gas Processing Plant (GPP) near the town of Svobodny (Amur Region) is one of the largest gas processing facilities globally. Russian manufacturers use its products as feedstock to make a wide range of consumer goods. As of December 31, 2024, four production trains are operational at Amur GPP, with project completion exceeding 90%

In 2024:
859

From the start of calculation till December 31, 2024:
4,756

PlannedPlanned for the project life cycle.:
5,434

Comfortable living conditions for employees

To mark the Year of the Family, new housing projects for employees and their families were commissioned in Svobodny: 36 apartment blocks with 1,345 flats in the Alekseevsky residential neighborhood, 12 infill housing buildings with 854 flats and a dormitory with 85 rooms.

The Alekseevsky neighborhood is now home to Gazprom School Svobodny, an educational facility equipped with state-of-the-art equipment and staffed by highly qualified teachers. The school is currently attended by around 500 students from grades 1 to 7. Furthermore, a new kindergarten with a capacity for 350 children and an indoor swimming pool was handed over to the municipality of Svobodny in 2024. To ensure reliable water supply in the neighborhood, the Company commissioned drilling of artesian wells and construction of a water treatment facility. Heating and hot water are provided by a gasfired boiler plant. All the facilities are adapted to the Far Eastern climate, with temperature fluctuations ranging from −40 to +40 °C.

Gas Processing Facility within the EthaneContaining Gas Plant near Ust-Luga

  • Leningrad Region
  • Project launch: 2019The year when the project office was launched. The operator is RusKhimAlyans, a joint venture of PJSC Gazprom and its Russian partner.

Purposes of the investment project:

  • higher LNG and LPG output;
  • stable supply of domestic feedstock for the petrochemical industry and reduced reliance on imported polymers.

Large-scale gas processing project

The facility will become the largest gas processing unit in Russia and one of the world’s most powerful in terms of processing capacity. It will also be the leading LNG producer in Northwestern Europe.

In 2024:
197Project office headcount.

From the start of calculation till December 31, 2024:
975Project office headcount.

PlannedPlanned for the project life cycle.:
3,172Headcount of the Gas Processing Facility within the Ethane-Containing Gas Plant for full-scale development, excluding outsourced employees.

  • Housing, social infrastructure and utilities to be built in residential neighborhood No. 7 of Kingisepp.

Comfort for shift workers

To ensure comfortable living conditions for employees involved in the construction of the Gas Processing Facility, the Gazprom Group built new shift camps. In 2024, two camps in Ust-Luga were equipped with canteens, shops, parcel collection points, pharmacies, and hair salons.