The Main Challenges of Gazprom Corporation

Abstract

This paper is devour to Gazprom Joint Stock Company, one of the world’s largest energy companies which main issues are geological exploration, production, transportation, storage, processing and marketing of hydrocarbons as well as generation and marketing of heat and electric power. The main aim of this paper is to investigate the activity of this company on the internal and external markets and find out the main challenges of Gazprom Corporation on these markets. We decide to divide basic challenges in two basic categories, macroeconomic and microeconomic and investigate how they influence the activity of corporation. During our researching we determine the company’s activity as successful and lucrative in many areas, but some problems are still exist, such as the damping prices on the natural gas within the country, the problem of non-payments for natural gas, the authoritarian management system and centralization, dissociating of the owner from a property and they negatively influence the productivity and image of Gazprom Corporation. According the professional opinion of well known Russian specialists and analytics we are trying to find out all the possible resolutions of existing problems and perspectives of further company’s strategy.