Gazprom has begun preparations for injecting gas into its underground storage facilities


Gazprom is a multinational energy corporation headquartered in Russia. As of 2019, it is considered the largest publicly-listed natural gas company in the world and the largest company in Russia by revenue. The company is in the Oil and Gas industry. Government of Russia owns 50.23% of this company. The stock of the company is GAZP (MCX). Gazprom is a short form of Russian words Gazovaya Promyshlennost (Russian: га́зовая промы́шленность – gas industry). Gazprom was created in 1989 when the Soviet Ministry of Gas  Industry was converted to a corporation, becoming the first state-run corporate enterprise in the Soviet Union. After the Soviet Union’s dissolution, Gazprom was privatized, retaining its Russia-based assets.
Now in April 2020, Russia’s Gazprom has certainly begun preparations for injecting gas into its underground storage facilities ahead of the start of the next winter season in October. The company made the statement on Wednesday.
The giant company’s plan is to stockpile a certain amount of gas. Gazprom plans to stockpile at least 72.3 Bcm of gas over the summer season (April – September). This is in line with the level reached last year.
“To ensure reliable operation of the storage sites in the autumn-winter period of 2020/2021, the board instructed the relevant divisions and subsidiaries to create an operational gas reserve of at least 72.322 Bcm in Russia,” Gazprom said.
Gazprom also plans to store 1.09 Bcm of gas in Belarus and 0.09 Bcm in Armenia. This means the levels are unchanged on the levels stored in 2019.
The long-term objectives are interesting for this major Russian company. Gazprom said that it plans to increase its Russian gas storage capacity over the coming 10 years. The target to achieve is having a withdrawal capacity of more than 1 Bcm/d by 2030.
It’s interesting that since 2010, Gazprom has increased its Russian gas storage capacity by 36% and can now withdraw at 843 million cu m/d.
Gazprom stated that “by the 2030-2031 withdrawal season, it plans to raise daily deliverability by approximately 200 million cu m.” This would mean daily withdrawal capacity of as much as 1.04 Bcm/d.
Gazprom wants to achieve as much success as possible in these times. The country of Russia can see advantages in the current oil price collapse situation. The oil price war could possibly help Russia to win the war for the natural gas market share in Europe. The gas giant Gazprom is certainly the largest supplier of natural gas to Europe. Gazprom has observed the growing volumes of liquefied natural gas (LNG) from USA that have arrived on European shores over the past two years.
The world is in a crisis right now. The Coronavirus Covid-19 Pandemic and the Oil Prices Crash are happening.
In recent decades, Gazprom has had its share of various challenges. Gazprom’s oil drilling in the Arctic has drawn protests from environmental groups, particularly Greenpeace. For example, Greenpeace opposed oil drilling in the Arctic on the grounds that oil drilling would cause damage to the Arctic ecosystem and that there are no safety plans in place to prevent oil spills. In August 2012, Greenpeace had staged protests against the Prirazlomnaya oil platform, the world’s first off-shore Arctic drill site.
Read more Gazprom news here:
April 15, 2020 Gazprom begins preparations for Russian summer gas storage injections – spglobal.com
March 22, 2020 Russia Moves In On European Gas Markets As Oil Prices Crash – oilprice.com
April 15, 2020 Two Ex-Gazprom Executives Help Venezuela Keep Oil Flowing – bloomberg.com

Musicals – Chess – The Story Of Chess lyrics

The Arbiter:
Each game of chess
Means there’s one less
Variation left to be played.

Each day got through
Means one or two
Less mistakes remain to be made.

Soloists 1 & 2:
Not much is known
Of early days of chess
Beyond a fairly vague report–

Soloist 3:
That fifteen hundred years ago
Two princes fought,
Tough brothers,
For a Hindu throne.

Soloist 4:
The mother cried,
For no one really likes
Their offspring fighting
To the death.
She begged to stop
The slaughter
With her every breath.

Soloist 5:
But sure enough
One brother died.

Soloists 4 & 6:
Sad beyond belief,
She told her winning son,

Soloist 6:
“You have caused such grief
I can’t forgive
This evil thing you’ve done.”

Soloist 3 & 7:
He tried to explain
How things had really been.

Soloist 7:
But he tried in vain,
No words of his
Could mollify the queen.

Soloist 8:
And so he asked
The wisest men he knew
The way to lessen her distress.

The Arbiter:
They told him he’d be
Pretty certain to impress
By using model soldiers
On a checkered board
To show it was his brother’s fault–

All:
They thus invented chess

Male Soloists:
Chess displayed no inertia,
Soon spread to Persia,
Then west.

Female Soloists:
Next the Arabs refined it,
Thus redesigned, it
Progressed.

Soloist 9:
Still further yet,
And when Constantinople
Fell in 1453,
One would have noticed
Every other refugee
Included in his bags a set.

Soloist 10:
Once in the hands,
And in the minds
Of leading figures
Of the Renaissance–

Soloist 2:
The spirit and the speed
Of chess made swift advance
Through all of Europe’s vital lands.

Female Soloists: Male Soloists:
Where we must record Each game of chess,
The game was further changed– Means there’s one less
Right across the board Variation left to be played.
The western touch
Upon the pieces ranged.

Soloists:
King, and queen, and rook,
And bishop, knight, and pawn
All took on the look
We know today–
The modern game was born.

The Arbiter:
And in the end,
We see a game
That started by mistake
In Hindustan–
And boosted in the main
By what is now Iran–
Become the simplest,
And most complicated
Pleasure yet devised
For just the kind of mind
Who would appriciate this
Well-researched, and fascinating
Yarn.

[Spoken]
The World Chess Federation, of which I have the honor
Of being president, announces that the next world championship
Will take place here in Merano, Italy.

The current world champion Frederick Trumper of the United
States of America will defend his title again Anatoly Sergievsky
Of the Soviet Union.

The first player to achieve six victories will be declared
Champion. The first game will begin on March 27, 1979.

Welcome, world, to Merano!