Gazprom Transgaz Makhachkala wraps up 9th Spartakiada Games

From April 24 to 26, Makhachkala hosted the 9th Spartakiada Games of Gazprom Transgaz Makhachkala marking the company's 40th anniversary.

The competition involved about 300 athletes in 8 teams representing all branches and directorates of the company. The gas workers competed in team and individual sports: chess, track and field athletics, weight lifting, football, volleyball, basketball, and rope pulling. The event was held simultaneously at three sports venues: the Yelena Isinbayeva Republican Stadium, the gym halls of the Dagestan State Medical University, and the Medical Service of the company.

At the end of the Spartakiada Games, the Center team claimed the victory once again, with the Engineer team as the runners-up and the Caspian team in third place.

“A widespread passion for sports and the pursuit of a healthy lifestyle are highly important,” said Alexander Astanin, Director General of Gazprom Transgaz Makhachkala. “After all, the energy and health of each of the employees lie at the core of the company's stability and efficiency. Sports competitions help them demonstrate tenacity, will to victory, and perseverance – the qualities that allow them to reach great heights in the professional sphere as well.”

Background

Gazprom Transgaz Makhachkala is a wholly-owned subsidiary of Gazprom. It delivers gas to consumers in the Republic of Dagestan and other regions of the North Caucasus Federal District, as well as to Transcaucasian countries. The total amount of gas transmitted by the company annually exceeds 7 billion cubic meters. The company has 12 branches, including five gas pipeline operation centers, the Emergency Response and Repair Directorate, the Engineering & Technical Center, the Training & Production Center, etc.

The company put into effect the ISO 9001:2015 quality management system, the ISO 14001:2004 environmental management system, and the OHSAS 18001:2007 occupational health and safety management system. It employs around 2,000 people.

The makeup of the winning teams in the Spartakiada Games:

The Center team – representatives of the company's administration and its services, the Communications Directorate, and the Medical Service.

The Engineer team – employees of the Training & Production Center, the Facility Management Directorate, the Core Assets Rehabilitation Service, the Core Assets Construction and Renovation Service, the Procurement Directorate, the Engineering & Technical Center, and the Corporate Security Service.

The Caspian team – employees of the Izberbashskoye Gas Pipeline Operation Center.

 



Community Fire Safety Officer (#768911547)

Posted: 29 April 2019 at 12:11   Expires: 28 June 2019 at 12:11

Posted In: Health & Safety > Fire Fighting

Location: Qatar

Natural Resources are urgently seeking to recruit a COMMUNITY FIRE SAFETY OFFICER based in Qatar and will be responsible for delivering a comprehensive Fire Safety Training and Development Programme for fire division and non-fire division personnel. Engage with the Industrial Cities Community and General Public and deliver Fire Emergency Response and Safety related training to a broad range of trainees including schools, end users and tenants etc. Consults with Partner Industries and OP corporate Departments to assist in the development of training to ensure the related regulations and procedures align with relevant laws and regulations. within their Jurisdiction

Key Requirements

Experience & Skills • Upper Intermediate English Language (OP L5) both spoken and written • Fluent spoken Arabic • Minimum ten years as a Fire-Fighter (5 supervisory position) in a commercial or industrial Fire-Fighter environment civil defence force military fire service or three years as Sub Officer in OP. • Possess a valid driving License - preferably Heavy Vehicle. • Technical skills - must be able to use broad range of modern equipment for fire f1ght1ngand rescue. • HND or equivalent Graduate of Institution of Fire Engineers or equivalent diploma in fire-fighting/watch management

Job Description

Natural Resources are urgently seeking to recruit a COMMUNITY FIRE SAFETY OFFICER based in Qatar and will be responsible for delivering a comprehensive Fire Safety Training and Development Programme for fire division and non-fire division personnel. Engage with the Industrial Cities Community and General Public and deliver Fire Emergency Response and Safety related training to a broad range of trainees including schools, end users and tenants etc. Consults with Partner Industries and OP corporate Departments to assist in the development of training to ensure the related regulations and procedures align with relevant laws and regulations. within their Jurisdiction

Experience & Skills

• Upper Intermediate English Language (OP L5) both spoken and written

• Fluent spoken Arabic

• Minimum ten years as a Fire-Fighter (5 supervisory position) in a commercial or industrial Fire-Fighter environment civil defence force military fire service or three years as Sub Officer in OP.

• Possess a valid driving License - preferably Heavy Vehicle.

• Technical skills - must be able to use broad range of modern equipment for fire f1ght1ngand rescue.

• HND or equivalent Graduate of Institution of Fire Engineers or equivalent diploma in fire-fighting/watch management

If you wish to be considered for the above position kindly send an updated detailed CV/Resume in Microsoft word format


Apply for this oil and gas job


Source: RSS feed of oil and gas jobs from Natural Resources Ltd (via oilandgaspeople.com)

Gazprom’s financial statements under International Financial Reporting Standards (IFRS) for the year ended December 31, 2018

Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2018.

The table below presents the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2018 and December 31, 2017. All amounts are presented in millions of the Russian Rubles.

 

 

Year ended December 31,

2018

2017

 

 

 

Sales

8,224,177

6,546,143

Net gain (loss) from trading activity

18,015

(16,352)

Operating expenses

(6,181,191)

(5,697,056)

(Impairment loss) reversal of impairment loss on financial assets

(130,971)

38,670

Operating profit

1,930,030

871,405

 

 

 

Finance income

503,091

426,705

Finance expense

(813,042)

(407,044)

Share of profit of associates and joint ventures

232,483

126,940

Profit before profit tax

1,852,562

1,018,006

 

 

 

Current profit tax expense

(278,233)

(241,817)

Deferred profit tax expense

(45,333)

(9,310)

Profit tax

(323,566)

(251,127)

 

 

 

Profit for the year

1,528,996

766,879

 

 

 

Other comprehensive income (loss):

 

 

Items that will not be reclassified to profit or loss:

 

 

Gain (loss) arising from changes in fair value of financial assets measured at fair value through other comprehensive income,
 net of tax

148,963

(30,404)

Remeasurement of provision for post-employment benefits

19,854

(5,064)

Total other comprehensive income (loss) that will not be reclassified to profit or loss

168,817

(35,468)

 

 

 

Items that may be reclassified subsequently to profit or loss:

 

 

Share of other comprehensive income of associates and
joint ventures

13,923

2,967

Translation differences

222,221

23,290

Gain from hedging operations, net of tax

10,082

13,601

Total other comprehensive income that may be reclassified

 subsequently to profit or loss

246,226

39,858

Total other comprehensive income for the year, net of tax

415,043

4,390

Comprehensive income for the year

1,944,039

771,269

 

 

 

Profit for the year attributable to:

 

 

 Owners of PJSC Gazprom

1,456,270

714,302

 Non-controlling interest

72,726

52,577

 

1,528,996

766,879

 

 

 

Comprehensive income for the year attributable to:

 

 

 Owners of PJSC Gazprom

1,858,486

710,840

 Non-controlling interest

85,553

60,429

 

1,944,039

771,269

Sales (net of excise tax, VAT and customs duties) increased by RUB 1,678,034 million, or 26%, to RUB 8,224,177 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. The increase in sales was mainly due to an increase in sales of gas, refined products, crude oil and gas condensate.

More detailed information concerning the main items of the sales structure for the years ended December 31, 2018 and December 31, 2017 is presented below.

(RUB million unless indicated otherwise)

 

Year ended December 31,

2018

2017

Sales of gas

 

 

Europe and Other countries

 

 

Net sales (net of excise tax and customs duties)

2,951,215

2,221,217

Volumes in bcm

243.3

242.0

Average price, RUB per mcm (including excise tax and customs duties)

15,499.5

11,670.5

Former Soviet Union countries

 

 

Net sales (net of customs duties)

348,625

292,777

Volumes in bcm

38.1

35.0

Average price, RUB per mcm (including customs duties)

10,225.9

9,237.0

Russian Federation

 

 

Net sales (net of VAT)

954,493

875,685

Volumes in bcm

239.7

229.9

Average price, RUB per mcm (net of VAT)

3,981.3

3,808.3

Total sales of gas

 

 

Retroactive gas price adjustments

49,338

(49,092)

Net sales (net of excise tax, VAT and customs duties)

4,303,671

3,340,587

Volumes in bcm

521.1

506.9

 

 

 

Net sales of refined products (net of excise tax, VAT and customs duties)

2,179,772

1,687,090

Net sales of crude oil and gas condensate (net of VAT and customs duties)

734,953

539,958

Electric and heat energy net sales (net of VAT)

522,095

503,819

Gas transportation net sales (net of VAT)

225,673

235,061

Other sales (net of VAT)

258,013

239,628

Total sales (net of excise tax, VAT and customs duties)

8,224,177 

6,546,143

Net sales of gas increased by RUB 963,084 million, or 29%, to RUB 4,303,671 million for the year ended December 31, 2018 compared to the year ended December 31, 2017, that was mainly due to an increase in average prices in the segment Europe and other countries.

Net sales of gas to Europe and other countries increased by RUB 729,998 million, or 33%, to RUB 2,951,215 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. The change was mainly due to the increase in average prices (including excise tax and customs duties) denominated in the Russian Ruble by 33%. At the same time average prices denominated in US Dollar increased by 23%.

Net sales of gas to Former Soviet Union countries increased by RUB 55,848 million, or 19%, to RUB 348,625 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. The change was due to the increase in average prices (including customs duties) denominated in the Russian Ruble by 11% and the increase in volumes of gas sold by 9%, or 3.1 bcm. At the same time average prices denominated in US Dollar increased by 3%.

Net sales of gas in the Russian Federation increased by RUB 78,808 million, or 9%, to RUB 954,493 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. This change was mainly explained by the increase in average prices by 5% and the increase in volumes of gas sold by 4%, or 9.8 bcm.

Net sales of refined products increased by RUB 492,682 million, or 29%, to RUB 2,179,772 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. The increase in net sales of refined products was due to an increase in average prices in all geographic segments and an increase in Gazprom neft Group sales volumes to customers in the Russian Federation, Europe and other countries.

Net sales of crude oil and gas condensate increased by RUB 194,995 million, or 36%, to RUB 734,953 million for the year ended December 31, 2018 compared to the year ended December 31, 2017. The increase in net sales of crude oil and gas condensate was mainly due to an increase in average prices.

Operating expenses increased by RUB 484,135 million, or 8%, to RUB 6,181,191 million for the year ended December 31, 2018 compared to the year ended December 31, 2017.

The change in operating expenses is primarily caused by an increase in the item “Taxes other than on profit” by RUB 252,219 million, or 20%, for the year ended December 31, 2018 compared to the year ended December 31, 2017. The increase is due to an increase in mineral extraction tax (MET) by RUB 248,654 million, or 27%, mainly as a result of a rise in crude oil prices, an increase in the adjusting coefficient in the MET formula for crude oil and an increase in coefficient values in the MET formula for gas.

The item “Purchased gas and oil” increased by RUB 232,684 million, or 19%, for the year ended December 31, 2018 compared to the year ended December 31, 2017, that was mainly due to an increase in average gas and oil prices.

The balance of foreign exchange rate differences reflected within the item “Net finance income (expense)” produced the loss in the amount of RUB 332,225 million for the year ended December 31, 2018 compared to the loss of RUB 10,728 million for the year ended December 31, 2017. There were the appreciation of US Dollar and Euro against the Russian Ruble by 21 % and 15 %, respectively, for the reporting year compared to the depreciation of US Dollar against the Russian Ruble by 5% and the appreciation of Euro against the Russian Ruble by 8% for the prior year.

Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.

Net debt balance (defined as the sum of short-term borrowings, current portion of long-term borrowings, short-term promissory notes payable, long-term borrowings, long-term promissory notes payable, net of cash and cash equivalents) increased by RUB 616,892 million, or 26%, from RUB 2,397,511 million as of December 31, 2017 to RUB 3,014,403 million as of December 31, 2018. This change was mainly due to an increase in the amount of long-term borrowings denominated in the Russian Ruble caused by the appreciation of US Dollar and Euro against the Russian Ruble.

More detailed information on the IFRS consolidated financial statements for the year ended December 31, 2018 can be found here.