Mission and Strategy

PJSC Gazprom’s (the Gazprom Group’s) strategic goal is to strengthen its leading position among global energy companies by diversifying sales markets, ensuring energy security and sustainable development, improving operating efficiency and fulfilling its scientific and technical potential.

Strategic planning at PJSC Gazprom determines the development vectors and management decisions for the entire Gazprom Group. Strategic planning relies on an integrated approach, a balanced set of indicators, scientific validity, efficiency and continuity in decision-making. It is continuously improved by incorporating best practices and methodologies and marrying Russia’s planning tradition with modern international approaches to strategic planning.

The Company’s strategic planning framework comprises three levels: short-term (up to one year), medium-term (one to five years), and strategic (long-term) planning (ten years and more). Long-term planning utilizing strategic target indicators (STIs) represents the top level of the planning framework, within which integrated planning of operating, investment, and financial activities is carried out based on the forecast of the Gazprom Group’s performance indicators as a whole, by business line, and by area of operation.

• PJSC Gazprom’s strategic planning framework uses the following types of STIs:
• corporate-level STIs that reflect objectives for achieving the strategic goal of PJSC Gazprom (the Gazprom Group);
• first-level STIs reflecting objectives for achieving the strategic goals of the gas, oil, and power generation businesses;
• second-level STIs that reflect objectives by area of operation for the gas, oil, and power generation businesses.

PJSC Gazprom’s core strategic document is the Long-Term Development Program of PJSC Gazprom (the Gazprom Group). It is a comprehensive integrated development plan for the Gazprom Group encompassing a list of priority projects and STIs broken down by planning year. The goal of the Long-Term Development Program is to achieve corporate-level and first-level STIs and to maximize the systemic economic effect across all core business lines: gas, oil, and power generation.

Key Objectives of the Long-Term Development Program of PJSC Gazprom (the Gazprom Group)

• Identifying prospective growth areas based on trends in the global and Russian energy markets and competition analysis;
• devising growth scenarios for each Gazprom Group business line and making a list of PJSC Gazprom’s priority projects;
• conducting financial and economic analysis of the Gazprom Group’s scenarios;
• performing strategic risk and opportunity assessment of the Gazprom Group;
• developing recommendations and initiatives aimed at achieving STIs and fostering PJSC Gazprom’s sustainable development.

In 2025, the Company adopted the Long-Term Development Program of PJSC Gazprom (the Gazprom Group) for 2026—2035Approved by resolution of the Board of Directors of PJSC Gazprom No. 4236 dated July 7, 2025.. When defining PJSC Gazprom’s key performance indicators, it underscores the need to optimize CAPEX and minimize non-production investments, increase natural gas supplies to the domestic market and the volume of natural gas processing, boost LNG production, and diversify natural gas supplies to external markets.