Russia's Gazprom reshuffles top management after gas theft case

Three of Gazprom’s high-ranking top managers, including two deputy chairmen of Gazprom’s management committee, lost their posts as a result of the 30 billion rubles worth gas theft case investigation. The ex-senator from Karachay-Cherkessia, Rauf Arashukov, and his father, the twice-convicted advisor to the general director of Gazprom Mezhregiongaz, Raul Arashukov, were implicated in this case. 

According to Interfax, on Tuesday, the deputy chairman of Gazprom board, Valery Golubev, was dismissed from his duties which included supervision of the domestic gas market. 

The Chairman of Gazprom’s Board of Directors, Alexey Miller thanked Golubev, who had worked in Gazprom management committee since 2002, including more than 12 years as deputy chairman, “for many years of fruitful work for the benefit of the Public Joint Stock Company Gazprom”, said the gas monopoly’s press service. 

In addition to Golubev’s departure, another Gazprom’s old-timer, deputy chairman of the board, Alexander Medvedev, lost his job. He headed Gazprom export from 2005 to 2014 and then oversaw foreign market sales. 

After 17 years on the gas holding’s board of directors, Medvedev’s honorary pension will be the post of president and general director of the St. Petersburg Zenit soccer club. He was appointed to this post last Friday. 

Vsevolod Cherepanov was also relieved of his post as the head of department 307, which supervises the production of gas, gas condensate and oil. He will continue working in another position in the Gazprom group, stated the press service without specifying any details. Cherepanov has been a member of the Gazprom management board since 2010. 

The top managers' departures are associated with new challenges, including in the liquefied natural gas market, a source close to the company told the newspaper Vedomosti. 

Gazprom for, many years, did not acknowledge the importance of the shale revolution in the United States, and in 2013 declared the export of the U.S shale gas impossible.

  Russia, Gazprom

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