The focus of Gazprom EP International is the exploration and production of hydrocarbons as well as projects for processing, marketing, and selling oil and gas products.
Over the past twenty years, Gazprom EP International has conducted comprehensive exploratory activities, including:
— 2D seismic surveys with a coverage of about 35.5 thousand linear kilometers,
— 3D seismic surveys with a coverage of more than 16.000 square kilometers,
— electric exploration covering 2.000 km,
— geochemical analyses of 2.000 samples, and
— gravity measurements covering 1.400 square kilometers.
Developing its hydrocarbon monetization projects, the Company seeks to build integrated gas-business chains and enhance its manufacturing capability for value-added products, which includes deploying the natural-gas-for-vehicles (NGV) projects and power generation projects.
Bolivia is one of the key countries of strategic interest to the Gazprom Group and Gazprom EP International. Currently, the Company plans to increase the share of gas production from the fields, wherein the Gazprom Group has a participation interest, up to 25–30% of the country's total gas production.
Bolivia's Ministry of Hydrocarbons and Energy and Gazprom EP International have signed and are successfully implementing a Memorandum of Cooperation in increasing the use of LNG. Within the framework of the Memorandum, 2016 saw the provision of a gas-and-diesel truck, KAMAZ 5490, from Gazprom to the Ministry of Hydrocarbons and Energy for a test drive in Bolivia. The 2017–2018 test drive showed the high performance of the Russian-made truck.
Gazprom EP International pays special attention to stimulating the market for natural gas for vehicles in the Socialist Republic of Vietnam (SRV). In October 2015, a joint venture called PV Gazprom NGV was incorporated to include Gazprom EP International, Gazprom Gas-Engine Fuel LLC, and Petrovietnam Gas (a subsidiary of the Vietnamese state-owned oil and gas company Petrovietnam).
On 12 August 2016, Petrovietnam’s Board of Directors resolved to include PV Gazprom NGV into a business chain enabling the sales of NGV (the Autogas system) and allow the JV to distribute natural gas as a fuel for vehicles in the entire territory of Vietnam.
At the beginning of 2020, the Company becomes the investor of the 340 MW combined-cycle power plant project in Quang Tri Province, the Socialist Republic of Vietnam. Gas for power generation is expected to come from the Bao Vang field discovered by Gazprom.