Gazprom Sustainability Strategy Issues and SWOT Analysis


‘Gazprom and the Reasons behind Its Struggles to Stay Dominant and Sustainable in the Industry’

Table of Contents

  • 1.0 Introduction
    • 1.1Terms of Reference
  • 2.0 Procedure
  • 3.0 Findings
    • 3.1 Socio-Political Issues faced by Gazprom
    • 3.2 European Gas Market
    • 3.3 Performance of Gazprom
    • 3.4 Business Strategic Crisis in Gazprom
    • 3.5 Sustainable Strategy Issues
    • 3.6 SWOT Analysis of Gazprom
      • 3.6.1 Strengths
      • 3.6.2 Weaknesses
      • 3.6.3 Opportunities
      • 3.6.4 Threats
  • 4.0 Recommendations
  • 5.0 Conclusion
  • 6.0 References

1.0 Introduction

Gazprom is regarded as one of the biggest gas production organisations globally. The core functions of the organisation comprise exploration, production, shipping, processing and marketing of natural gas along with purifying crude oil. Gazprom primarily operates the business in Europe, having headquarters in Moscow in Russia. The corporation was formed up as a joint stock firm in the year 1993. By 2002, the government owned nearly 38.37 percent of Gazprom’s share. The organisation accounts for nearly 20% of foreign gas supply worldwide. In Russia, the company manages over 60% of gas supplies and produces about half of the country’s energy. Gazprom is responsible for funding a large proportion of Russia’s gross domestic product (GDP) and delivers around 20% of its income to the national government (Thomas, 2006). At present, however, Gazprom’s supremacy is at risk and the company is also posing difficulties in order to remain competitive in market.

1.1  Terms of Reference

Focusing on this point, the study is focused on Gazprom’s review. The goal of the study is to resolve the socio-political problem facing Gazprom in the oil and gas industry. The study also undertakes a SWOT review of the organization, in accordance with the problems faced by Gazprom.

Gazprom Sustainability Strategy Issues and SWOT Analysis

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