Moscow, Russia (PRWEB) December 10, 2012
Though the energy industry has historically been a tumultuous one, some companies rise above the rest to become true industry stalwarts—and ITERA International Group of companies is one of them. A leading provider of natural gas throughout Russia and beyond, ITERA International Group of Companies is celebrating 20 years of business. To commemorate this milestone, ITERA has drawn praise from industry experts and government officials alike; it has also issued a press statement of its own.
“Times and technology have changed a great deal over the last two decades, but at ITERA we are proud to be offering consistent energy services to our clients in Russia and beyond,” says the company’s own statement. “We are grateful for the support of local communities and governing bodies, who have supported ITERA with unwavering goodwill.”
Eugene Kujvashev, Governor of the Sverdlovsk Region, is one of the Russian officials who has long been an outspoken champion of ITERA International Group of Companies. In a statement to the press, the Governor heralded ITERA International Group of Companies for standing as an example of what “big businesses can achieve in Russia” when “talented management” and “competent governance” are part of the equation.
Kujvashev went on to single out ITERA as one of the most crucial companies in all of Russia’s energy industry, noting that ITERA’s commitment to providing affordable energy resources has made a difference in the lives of many consumers.
The Governor knows firsthand about the range of services and resources offered by ITERA International Group of Companies. The Sverdlovsk Region is ITERA’s primary gas market.
Since 1999, ITERA has sold some 230 billion cubic meters of natural gas, in this region alone. Additionally, ITERA has championed many social causes in the area, including the construction of 75 modern gas boiler-houses. The construction of these facilities improved natural gas and energy efficiency throughout the region.
In addition to its energy services in Russia, ITERA also has real estate, timber, and natural gas interests in the United States and throughout Europe.
ITERA International Group of Companies is a vertically integrated corporation founded in 1992, with dozens of enterprises in the NIS, Baltic States, Western Europe, Asia, and the United States.
Since 1994, ITERA’s main business activity has been natural gas. Starting in 1998, Itera Oil and Gas Company, within the Itera International Group of Companies, has been expanding its own gas production in the Yamal-Nenets region of Russia and has invested over $2 billion into infrastructure. Overall, over 250 billion cubic meters of gas were produced at ITERA’s gas fields. The total volume of gas sold by ITERA has surpassed 600 billion cubic meters. ITERA’s strategic business developments are also reaching into development, biochemical, and power generating segments.
The American division of the company, ITERA USA, was founded in 1992. In addition to their work in the energy industry, ITERA USA has also found success in timber, real estate, and more. Itera always welcomes new ideas, and strives to build bridges between peoples and cultures through the implementation of quality energy solutions.