GAZPROM moved to Djibouti
05.07.2010 - NEWS
May 2, 2010 [HornTrade] - As part of its diversification strategy and deployment of its international business, the Russian gas giant GAZPROM just moved to Djibouti.

The company is a giant Gazprom energy, her everything is superlative: more than 400,000 employees, the largest company in Russia, the third market capitalization, the largest exporter of gas in the world. Gazprom owns the largest pipeline network in the world (155,000 km), and holds positions in banks, insurance, media, construction and agriculture.
In the case of Djibouti, it is Gazprom Neft, a subsidiary of the multinational oil energy that comes from taking up residence at the Djibouti Free Zone, which is a significant step forward for commercial DFZ.
Choosing the location is not accidental: Djibouti Free Zone combines a business-friendly environment, a generous package of tax and non tax incentives, with in it, world class facilities including offices equipped , modern warehouses and plots of land serviced. Access has a network of 6,000 businesses across the Jebel Ali Free Zone (JAFZA), and proximity to regional markets (COMESA) make it a platform conducive to investment and business.
“Our client Gazprom Neft Marine bunkering Ltd. plans to deliver and sell marine fuel through its local subsidiary to be located in Free Zone by the month of May 2010, it is called Djibouti FZCO Bunkering Company,” said Ali Ahmed Aouled , the commercial director of the DFZ.
“The company already has two storage tanks and a barge in the marine oil terminal Doraleh (operated by Horizon Terminal Limited), operate and monitor its activities from a rented office in the DFZ” Has added.
He must also know that the geostrategic position of our country largely explains the arrival Gazprom Neft. Djibouti is located near a dense maritime traffic: merchant ships, freighters, pleasure boats, and of course the fleet of the international coalition in charge of security of merchant shipping against Somali pirates.
Thus the DFZ, in synergy with the port and airport entities, is the main entrance door of foreign investment.
The arrival of this major player in the field of naval replenishment medium term will enhance the quality of service to attract other investment.

Chevron to Supply Hungary with 2 Billion Cubic Metres of LNG, Minister Says
12.17.2025 - NEWS
December 17, 2025 [Reuters]- Hungary’s state-owned MVM group has signed a 5-year deal with ... Read More
Fortum and Kemi Partner to Develop 17-Hectare Hydrogen Project Site on Ajos Island
12.17.2025 - NEWS
December 17, 2025 [Fuel Cells Works]- Fortum and City of Kemi have agreed to develop a site locat... Read More
Vitol Deal Revives Uganda’s $4 Billion Refinery Ambitions
12.17.2025 - NEWS
December 17, 2025 [Oil Price]- Commodity trading major Vitol will provide $2 billion in loans for... Read More
Metafuels Awards McDermott FEED Contract for First Commercial e-SAF Plant in Rotterdam
12.17.2025 - NEWS
December 17, 2025 [Global-eFuels]- Metafuels, the Swiss aviation technology company, has awarded ... Read More