The latest news and top stories on Gazprom. A major Russian energy company headquartered in Saint Petersburg, Gazprom is a vertically integrated global leader in natural gas. It specialises in exploration, production, transport and sale of natural gas, oil and power generation. Holding the world’s largest gas reserves, Gazprom primarily serves Russian domestic consumers and is significantly expanding its focus on Asian markets, particularly China. A notable achievement includes the confirmed 30-year gas supply deal with China via the Power of Siberia 2 pipeline, aiming to provide secure energy and bolster Russia's economy, diversifying its sales markets.