Gazprom Energy
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Key information about Gazprom Energy
Gazprom supplies both gas and electricity to businesses across the UK. The company is also the leading supplier of gas to UK business customers. It’s quick and easy to compare business energy suppliers with Utility Saving Expert.
Gazprom Energy operate in 3 countries and they supply business energy to more than 30,000+ industrial and commercial customers. They have offices across Europe and over 350 employees.
The business energy retailer doesn’t produce gas or generate electricity but Gazprom, their parent company, is responsible for 13% of global gas production.
All of the gas and electricity Gazprom supplies to its customers is bought on the wholesale market through their parent company: GM&T Ltd.
Gazprom Company History
Their parent company, Gazprom Marketing & Trading Limited (GM&T Ltd), was established in 1993 to manage Gazprom’s marketing and trading activities in European markets. Gazprom Energy is the brand name for GM&T Ltd’s retail subsidiaries and activities across Europe.
Gazprom Energy was established in 2006, after their parent company, Gazprom Marketing & Trading (GM&T), acquired a gas provider from the north of England.
Gazprom Energy’s CEO is Kurt Bligaard Pedersen who is also Head of Global Retail for GM&T Ltd.
The business energy supplier has more than 350 employees across three locations:
- 300 people in Manchester, UK
- 25 people in Paris, France
- 26 people in ‘s-Hertogenbosch, Netherlands
Gazprom entered the UK energy retail market in 2006 when their parent company acquired Pennine Natural Gas to create their first retail business outside Russia.
Gazprom holds the world’s largest natural gas reserves and is responsible for 13% of global gas production. The business energy supplier also has several hundred subsidiaries, both inside and outside Russia, and employs nearly 500,000 people around the world.
Further Information
Fuel source summary
As of figures available in October 2018, this is Gazprom Energy’s electricity fuel mix:
Source of electricity percentage from the following fuels:
- Coal 3%
- Natural Gas 17%
- Nuclear 5%
- Renewable 74%
- Other fuels 1%
Environmental impact
As of figures available in October 2018, Gazprom assessed its environmental impact as follows:
Environmental impact = 95.77g CO2 emissions/kWh and 0.00052g high level radioactive waste/kWh.
Current Gazprom Energy tariffs
Gazprom provides a range of products for large industrial and commercial businesses
The business energy provider offers fixed products, flexible products, pass-through products and a whole range of other services
Shield Fixed Price gas
Gazprom’s Shield Gas offers the following benefits:
- Total budget security and protection against market fluctuations
- Freedom to set a contract length of between 12 months and five years, depending upon start date
- Set-up with an optional automated meter reading service
- Free online access to your account, helping you stay informed and in touch
Flexible gas
If your business uses more than 10GWh of gas per year, you could save money with Gazprom’s flexible gas purchasing contracts.
Pass-through gas
- Pay the true price of the gas your business uses – so if the third-party charges associated with your supply drop, then so will your gas bills
- Monitor your gas usage and spend by accessing your account online – perfect for owners, accountants, managers and energy specialists
- Accurate bills through Gazprom’s automated meter reading service
- Freedom to sign contract lengths from 12 months to five years, up to four years in advance.*
Shield Fixed Price electricity
Gazprom’s Shield Electricity offers the following benefits:
- Fixed price, for great protection against market fluctuations and more accurate budgeting
- Automated meter reading services, ideal for busy professionals
- Contract lengths between 12 and 42 months, providing long-term protection
- Free online access to your account
Flexible electricity
If your business uses more than 100 GWh of electricity per year, employs a dedicated energy manager or buyer, Gazprom’s flexible electricity contract may be the right solution for your business needs.
True pass-through electricity
True Electricity is Gazprom’s pass-through electricity option, it offers businesses the following benefits:
- A mix of protection and cost-saving potential
- Freedom to select the elements you’d like to fix and those you’d like to pass through
- Further flexibility is offered by the varied contract lengths, contract terms range from 12 to 42 months
- Free online access to your account is offered
- A monthly automated meter reading service to avoid estimated bills
Other services
Gazprom also provides the following services
- Carbon management
- Gas shipping
- Power Purchase Agreements (PPA)
Customer Reviews
Gazprom have won a number of industry awards and accolades, including Supplier of the Year at the Energy Awards 2015.
Currently, there isn’t enough data to provide accurate review scores for the commercial energy provider.
United Gas and Power currently have a rating of 9.2 out of 10 from 212 reviews on Trustpilot.
Compare Gazprom Energy
You should now have all the necessary information you need for Gazprom. Use Utility Saving Expert’s business energy comparison website to see how Gazprom compares against other business energy suppliers in the UK.
It’s quick and simple to get an online quote within minutes, alternatively you can speak to one of our energy experts by calling 01242 32 31 31