Gazprom
Type	Public/State-owned (LSE: OGZD)
Founded	1989
Headquarters	Moscow, Russia
Key people	Alexei Miller, CEO Dmitry Medvedev, Board Chairman
Industry	Natural gas extraction
Products	Natural gas
Revenue	US$19.5 bn in second quarter of 2006; US$ 31 bn a year (as of 2004)
Operating income	US$ 7.4 bn (as of 2004)
Net income	US$ 5.2 bn in second quarter of 2006; US$ ? bn (as of 2004)
Employees	about 300,000 (as of 2003)
Parent	Russian Government
Slogan	-
Website	www.gazprom.com

Gazprom (LSE: OGZD; Russian: ОАО Газпром, sometimes transcribed as Gasprom) is the largest Russian company and the biggest extractor of natural gas in the world. With sales of US$ 31 billion in 2004, it accounts for about 93% of Russian natural gas production and with reserves of 28,800 km³, it controls 16% of the world's gas reserves (as of 2004^[1], including the Shtokman field.) After acquisition of the oil company Sibneft, Gazprom, with 119 billion barrels of reserves, ranks behind only Saudi Arabia, with 263 billion barrels, and Iran, with 133 billion barrels, as the world's biggest owner of oil and oil equivalent in natural gas.^[2] Image File history File links Copyrighted logo of Gazprom File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... A public company is a company owned by the public rather than by relatively few individuals. ... Public ownership (also called government ownership or state ownership) is government ownership of any asset, industry, or corporation at any level, national, regional or local (municipal). ... The Source by Greyworld, in the new LSE building Paternoster Square. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... Image File history File links Flag_of_Russia_(bordered). ... For other uses, see Moscow (disambiguation). ... Alexei Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee (CEO) of Russian energy company Gazprom. ... Dmitry Medvedev Dmitry Anatolyevich Medvedev (Russian: Дмитрий Анатольевич Медведев)(b. ... Natural gas rig Oil and natural gas are produced by the same geological process: anaerobic decay of organic matter deep under the Earths surface. ... Natural gas is a gaseous fossil fuel consisting primarily of methane. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Image File history File links Green_Arrow_Up. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links Green_Arrow_Up. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Politics of Russia (the Russian Federation) takes place in a framework of a federal presidential republic, whereby the President of Russia is both head of state and head of government, and of a pluriform multi-party system. ... Look up Slogan in Wiktionary, the free dictionary. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... Natural gas is a gaseous fossil fuel consisting primarily of methane. ... The United States dollar is the official currency of the United States. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... The Shtokman field, one of the worlds largest natural gas fields, lies in the Russian portion of the Barents Sea, 600 km north of Kola Peninsula. ... Gazprom Neft (Russian: Газпром нефть), until 2005 called Sibneft (Russian: Сибнефть), is Russias fifth largest oil producing and refining company. ...

By the end of 2004 Gazprom was the sole gas supplier to at least Bosnia-Herzegovina, Estonia, Finland, FYROM, Latvia, Lithuania, Moldova and Slovakia, and provided 97 percent of Bulgaria's gas, 89 percent of Hungary's, 86 percent of Poland's, nearly three-quarters of the Czech Republic's, 67 percent of Turkey's, 65 percent of Austria's, about 40 percent of Romania's, 36 percent of Germany's, 27 percent of Italy's, and 25 percent of France's. [1][2] The European Union gets about 25% of its gas supplies from this company. [3][4] 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Bosnia and Herzegovina (also variously written Bosnia-Herzegovina, Bosnia and Hercegovina, Bosnia-Hercegovina) is a mountainous country in the western Balkans. ... Official languages Macedonian language¤,2 Capital Skopje President Branko Crvenkovski Prime Minister Vlado Bučkovski Area  â€“ Total  â€“ % water Ranked 145th  25,713 km²  1. ...

Apart from its gas reserves and the world's longest pipeline network with 150,000 km, it also controls assets in banking, insurance, media, construction and agriculture.

With US$ 270 billion of market capitalization (as of May 2006), Gazprom is the world's third largest corporation following this measure. [5] One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... Market capitalization, often abbreviated to market cap, is a measurement of corporate size that refers to the current stock price times the number of outstanding shares. ... 2006 is a common year starting on Sunday of the Gregorian calendar. ... The following is a list of companies by the greatest market capitalization. ...

Recently Gazprom announced that quarterly sales grew to $19.5 billion (second quarter of 2006), while quarterly net income reached $5.2 billion (second quarter of 2006) [6]

History

1989-1992: Inception

Due to large natural gas reserves discovered in Siberia, in the Urals and in the Volga region in the 1970s and 1980s, the Soviet Union became a major gas producer. Gas exploration, development, and distribution were centralized in a state ministry. In July of 1989, President Mikhail Gorbachev combined the ministries for oil and gas as part of his economic reforms, and later carved out Gazprom as the entity responsible for gas production, distribution, and sales. (Gazprom is a contraction of 'Газовая промышленность' (Gazovaya Promyshlennost), meaning 'gas industry'.) Viktor Chernomyrdin headed Gazprom. Siberian Federal District (darker red) and the broadest definition of Siberia (red) Udachnaya pipe Siberia (Russian: , Sibir; Tatar: ) is a vast region of Russia constituting almost all of Northern Asia. ... Ural (Russian: ) is a geographical region in Russia, around Ural Mountains. ... For other meanings of the word Volga see Volga (disambiguation) Волга Length 3,690 km Elevation of the source 225 m Average discharge  ? m³/s Area watershed 1. ... The 1970s decade refers to the years from 1970 to 1979, inclusive. ... The 1980s refers to the years of 1980 to 1989. ... A planned economy is an economic system in which economic decisions are made by centralized planners, who determine what sorts of goods and services to produce, and how they are to be priced and allocated. ... Mikhail Sergeyevich Gorbachyov ( , IPA: , commonly written as Mikhail Gorbachev; born March 2, 1931) was the last leader of the Soviet Union, serving from 1985 until its collapse in 1991. ... Viktor Stepanovich Chernomyrdin (Russian: Ви́ктор Степа́нович Черномы́рдин) (born April 9, 1938) is a Russian politician. ...

After the break-up of the Soviet Union in 1991, Gazprom lost a large part of its assets outside of Russia - one third of its pipelines and one fourth of its compression capacity.

1993-1997: Privatization

After the new Russian President Boris Yeltsin appointed Chernomyrdin to be his Prime Minister in December 1992, the political influence of Gazprom increased markedly. On January 26, 1993, Rem Viakhirev became the Chairman of both the Board of Director and Managing Committee. Yeltsin redirects here. ... Rem Viakhirev (Рэм Вяхирев in Russian) (born in 1934), chairman of the Russian natural gas and pipeline monopoly called Gazprom. ...

As the new government was committed to economic reform, Gazprom began to be privatized, becoming a joint-stock company according to the Decree of the President of the Russian Federation of November 5, 1992 and the Resolution of the Council of Ministers of the Russian Federation of February 17, 1993, and starting to distribute shares under the voucher method, where every Russian citizen received vouchers to purchase shares of formerly state-owned companies. However, trading these shares was heavily regulated, and the by-laws of the company prohibited foreigners to own more than 9% of the shares. A joint stock company is a special kind of partnership. ... November 5 is the 309th day of the year (310th in leap years) in the Gregorian Calendar, with 56 days remaining. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... February 17 is the 48th day of the year in the Gregorian calendar. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... Look up share on Wiktionary, the free dictionary. ... The voucher privatization is a privatization method where the citizens get or can inexpensively buy a book of vouchers that represent potential shares in any state-owned company. ...

Gazprom slowly established credibility in the western capital markets with an offering of 1% of its equity to foreigners in October 1996 in the form of London Depository Receipts and a successful large bond issue of US$ 2.5 billion in 1997. The term Western World or the West can have multiple meanings depending on its context. ... The capital market (securities markets)is the market for securities, where companies and the government can raise long-term funds. ... Depositary receipt is a financial instrument. ... In finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon) at a later date, termed maturity. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ...

On the second annual shareholders' meeting on May 31, 1996, Alexander Kazakov, the Chairman of Russia's State Property Committee, was appointed the Chairman of the Board of Directors, as the Russian law on JSC required the Chairman of the Board of Director and the Chairman of the Managing Committee positions to be occupied by different persons.

1998-2000: Scandals

In 1998 Chernomyrdin was fired from his position of Russia's Prime Minister by President Boris Yeltsin. At the same time, the Russian government suddenly started demanding billions of dollars in back taxes from Gazprom. When tax prosecutors started to seize assets of Gazprom, the company gave in and paid. The company's records started showing a loss for the first time. The reasons are unclear and were explained either by an aging pipeline transport network, by a management that was becoming increasingly corrupt, or by pre-existing losses that appeared because of more transparent accounting policies. Politics of Russia (the Russian Federation) takes place in a framework of a federal presidential republic, whereby the President of Russia is both head of state and head of government, and of a pluriform multi-party system. ... A tax (also known as a duty) is a financial charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (e. ... This article is about the medical term, epileptic seizure, as distinct from psychogenic non-epileptic seizure. ... An elevated section of the Alaska Pipeline Pipeline transport is a transportation of goods through a tube. ... It has been suggested that Accounting scholarship be merged into this article or section. ...

Gazprom conducted dubious transactions with the gas-trading company Itera and a Gazprom/Itera joint-venture, Purgaz, in the late 1990s, which allegedly benefited various management members and their relatives. Additionally, large-scale asset-stripping of Gazprom was going on by corrupt management and board members through various transactions involving the Gazprom daughter Stroitransgaz and the regional gas company Sibneftegaz. The Gazprom auditor PwC apparently had signed off and covered these transactions.^[3] ITERA is the acronym for the International Telecommunications Education and Research Association. ... PWC Initialism PricewaterhouseCoopers or PwC - a global professional services company Prince of Wales College - a defunct university college in Charlottetown, Prince Edward Island, Canada This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

The investment fund Hermitage Capital Management, a minority shareholder of Gazprom, reported on the scandals in October 2000: "Investors are valuing this company as if 99 percent of its assets have been stolen. The real figure is around 10 percent so that's good news". ^[4] Institutional fund management is fund management conducted by large financial firms such as banks, insurance companies and major investment organisations (e. ... Hermitage Capital Management is an investment fund and asset management company specializing in Russian markets. ... This article is about the year 2000. ...

On the fourth annual shareholders' meeting on June 26, 1998, Farit Gazizullin, the new Chairman of Russia's State Property Committee, was elected Chairman of the Board of Directors.

On the fifth annual shareholders' meeting on June 30, 1998, Viktor Chernomyrdin became the Chairman of the Board of Directors. Viktor Stepanovich Chernomyrdin (Russian: Ви́ктор Степа́нович Черномы́рдин) (born April 9, 1938) is a Russian politician. ...

On the seventh shareholders' meeting on June 30, 2000 (the sixth took place on August 26, 1999), Deputy Head of Russia's Presidential Administration Dmitry Medvedev occupied this position. Dmitry Medvedev Dmitry Anatolyevich Medvedev (Russian: Дмитрий Анатольевич Медведев)(b. ...

2001-2003: Reform years

Russian President Vladimir Putin was actively pursuing reforms in the management of the company in the years following the scandals. This was aided by shareholder activism by Hermitage CEO William Browder and former Russian finance minister Boris Fyodorov. Vladimir Vladimirovich Putin (Russian: ) (born October 7, 1952) is the incumbent President of Russia. ... William Browder is the CEO and co-founder of the investment fund Hermitage Capital Management. ... Boris Grigoryevich Fyodorov (Boris Fedorov) (born 1958) was a significant Russian economist, political figure, and reformer. ...

On May 30, 2001, the Board of Directors replaced Rem Vyakhirev, whose contract had expired, with Alexei Miller as the new CEO to guide the reforms; Rem Viakhirev was moved to the position of Chairman of the Board at the 8th shareholders' meeting on June 29, 2001, temporarily replacing Dmitry Medvedev who became his deputy. Alexei Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee (CEO) of Russian energy company Gazprom. ... Dmitry Medvedev Dmitry Anatolyevich Medvedev (Russian: Дмитрий Анатольевич Медведев)(b. ...

In April 2001 Gazprom took over NTV, Russia's only nationwide state-independent television station held by Vladimir Gusinsky's Media Most holding, which caused major changes in its editorial policy. [7][8][9] On November 8, 2001 by the decision of a Moscow court of May 4, 2001 a block of shares comprising 25% of stock capital of the Media Most holding was transferred to Gazprom Media[10], a media holding founded in 1998 and owned by Gazprom (In 2006 it was transferred to Gazprombank, a subsidiary of Gazprom^[5]). In July 2002 Gazprom Media acquired all Vladimir Gusinsky's shares in media companies of the holding, which resulted in dramatical changes of their editorial policy and closure of some publications. [11] In June 2005 Gazprom Media purchased the influential Russian newspaper Izvestia. The Russian NTV channel (НТВ in Cyrillic) was a pioneer in the post-Soviet independent television media. ... Vladimir Gusinsky Vladimir Aleksandrovich Gusinsky (Владимир Гусинский in Russian) (born 1952), a Russian media baron, is known as the founder of Media-Most holding that included Most Bank, the NTV channel, the newspaper Segodnya and magazines. ... November 8 is the 312th day of the year (313th in leap years) in the Gregorian Calendar, with 53 days remaining. ... This article is about the year 2001. ... For other uses, see Moscow (disambiguation). ... May 4 is the 124th day of the year in the Gregorian calendar (125th in leap years). ... This article is about the year 2001. ... For album titles with the same name, see 2002 (album). ... Vladimir Gusinsky Vladimir Aleksandrovich Gusinsky (Владимир Гусинский in Russian) (born 1952), a Russian media baron, is known as the founder of Media-Most holding that included Most Bank, the NTV channel, the newspaper Segodnya and magazines. ... Modern Izvestia logo Old Izvestia logo. ...

2005-2006

On 1 January 2006 at 10:00 Gazprom ended the delivery of gas for the Ukrainian market, calling on Ukraine's government to pay increased fees that partially reflect the globally increased fuel prices. See: Russia-Ukraine gas dispute. January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Wikinews has news related to: Russia cuts off gas supplies to Ukraine The dispute between Russian state-owned gas supplier Gazprom and Ukraine over natural gas prices started in March of 2005 (over the price of natural gas and prices for the transition of Gazproms gas to Europe). ...

During the night of January 3-4 January 2006, Naftohaz Ukrainy and Gazprom negotiated a deal that has resolved the long-standing gas price conflict between Russia and Ukraine, to the satisfaction of both parties. January 3 is the 3rd day of the year in the Gregorian calendar. ... January 4 is the 4th day of the year in the Gregorian calendar. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... NJSC Naftohaz Ukrainy or Naftogas of Ukraine (Ukrainian: , literally: Oil&Gas of Ukraine) is the state company of Ukraine concerned with extraction, transportation, and refinement of natural gas and crude oil. ...

On April 3, 2006, Gazprom indicated it would triple the price of natural gas sold to Belarus after December 31, 2006. April 3 is the 93rd day of the year (94th in leap years) in the Gregorian calendar, with 272 days remaining. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...

On December 21, 2006, Gazprom acquired control over Shell's Sakhalin-II gas stake. December 21 is the 355th day of the year (356th in leap years) in the Gregorian calendar. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Look up shell in Wiktionary, the free dictionary. ... Sakhalin Offshore Fields The Sakhalin-II project, like its sister project Sakhalin-I, is a consortium to locate and produce oil and gas on Sakhalin Island and immediately offshore, in the Sea of Okhotsk, from two fields: Piltun-Astokhskoye and Lunskoye. ...

Current structure

Until 2004 the Russian government held a 38.37% stake in the company, and had a majority on the company’s board of directors. Gazprom provides 25% of all Russian tax revenues (averaging over US$ 4 billion annually between 1993-2003) and accounts for 8% of the nation’s gross domestic product. Non-Russian investors may legally buy Gazprom shares only through Depositary Shares, which cost more than locally traded shares. 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. ... IMF 2005 figures of total GDP of nominal compared to PPP. Absolute, not adjusted for population. ...

In 2004, President Putin announced that Gazprom was to acquire the state-owned oil-company Rosneft and that this will "eventually lead to the lifting of foreign ownership restrictions on Gazprom shares", as the stake of the Russian government in Gazprom will rise from 38.37% to a controlling position. ^[6] 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... OAO Rosneft Oil Company is a Russian integrated oil company. ...

However, Gazprom was foiled both in its attempt to acquire Rosneft, and its earlier attempt to buy the core asset of Yukos, when Yukos filed for bankruptcy in Houston. Fearing that it would fall foul of US law, Gazprom backed away from buying Yukos' main asset when the Russian government auctioned it in December 2004, leaving the more gung-ho Rosneft to buy it. After Rosneft had appropriated such a large and controversial asset, the technicalities of merging it into Gazprom became too complicated. Instead, Rosneft remained independent, to the delight of its own management. The state increased its stake in Gazprom to over 50% instead by paying cash for a 10.4% stake, thus fulfilling the main pre-condition for the abolition of restrictions on foreign ownership of Gazprom shares. At the time of writing, the market is still awaiting this move. Yukos Oil Company (ОАО НК ЮКОС) is a petroleum company in Russia which, until recently, was controlled by Russian billionaire Mikhail Khodorkovsky and a number of prominent Russian businessmen. ...

In September 2005, Gazprom bought 72.633% of the oil company Sibneft (now Gazprom Neft) for $13.01 billion, aided by a $12 billion loan from the west, which consolidates Gazprom's position as a global energy giant and Russia's biggest company. On the day of the deal the company was worth £69.7 billion/US$123.2 billion, about the GDP of Ireland in 2004. Gazprom Neft (Russian: Газпром нефть), until 2005 called Sibneft (Russian: Сибнефть), is Russias fifth largest oil producing and refining company. ... ISO 4217 Code GBP User(s) United Kingdom Inflation 2. ...

In April 2006, Gazprom market cap is US$ 270 billion.

As of December 2006, its board of directors consists of Dmitry Medvedev (Chairman, First Deputy Prime Minister of the Russian Federation), Alexei Miller (Deputy Chairman), Alexander Ananenkov (Deputy Chairman), Burckhard Bergmann (Chairman of the Executive Board of E.ON Ruhrgas AG, member of the Executive Board of E.ON AG), Farit Gazizullin, German Gref (The Russian Federation Minister for Economic Development and Trade), Elena Karpel (Head of the Department for Pricing and Economic Expert Analysis), Mikhail Sereda, Boris Fyodorov (Gazprom’s Shareholder), Viktor Khristenko (The Russian Federation Minister for industry and energy) and Igor Yusufov (Special Envoy of the RF President for International Energy Cooperation and Ambassador at Large of the RF Ministry of Foreign Affairs) [12]. Dmitry Medvedev Dmitry Anatolyevich Medvedev (Russian: Дмитрий Анатольевич Медведев)(b. ... Alexei Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee (CEO) of Russian energy company Gazprom. ... It has been suggested that VEBA be merged into this article or section. ... German Oskarovich Gref (Russian: Герман Оскарович Греф, born February 8, 1964) is the Minister of Economics and Trade of Russia. ... Boris Grigoryevich Fyodorov (Boris Fedorov) (born 1958) was a significant Russian economist, political figure, and reformer. ... Viktor Khristenko (Russian: ) (born August 28, 1957 in Chelyabinsk[1]) was the acting prime minister of Russia from 24 February to 5 March, 2004. ...

Gazprom's Management Committee as of December 2006: Alexei Miller (Chairman), Alexander Ananenkov (Deputy Chairman), Valery Golubev (Deputy Chairman), Alexander Kozlov (Deputy Chairman), Andrey Kruglov (Deputy Chairman, Head of the Department for Finance and Economics), Alexander Medvedev (Deputy Chairman, Director-General of Gazexport Ltd.), Mikhail Sereda (Deputy Chairman, Head of Administration), Sergei Ushakov (Deputy Chairman), Elena Vasilyeva (Deputy Chairman, Chief Accountant), Bogdan Budzulyak (Head of the Department of Gas Transportation, Underground Storage and Utilization), Konstantin Chuichenko (Head of Legal Department), Viktor Ilyushin (Head of the Department of Relationships with Regional Authorities of the Russian Federation), Olga Pavlova (Head of the Department of Asset Management and Corporate Relations), Vasiliy Podyuk (Head of the Department of Gas, Gas Condensate and Oil Production), Vlada Rusakova (Head of the Department of Strategic Development), Kirill Seleznyov (Head of the Department of Marketing and Processing of Gas and Liquid Hydrocarbons, Director-General of Mezhregiongaz Ltd.). [13] Alexei Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee (CEO) of Russian energy company Gazprom. ... Alexander Medvedev is Deputy Chairman of the Board of Executive Directors of Russian energy company Gazprom and Director-General of Gazproms export arm Gazexport. ...

Subsidiaries

Incomplete list by countries

Russia

100% ownership

• Astrakhangazprom
• Bashtransgaz
• Burgaz
• Ecological and Analytical Center for the Gas Industry
• Gazexport
• Gazflot
• Gazkomplektimpex
• Gaznadzor
• Gazobezopasnost
• Gazoenergeticheskaya Kompaniya
• Gazpromavia
• Gazpromenergo
• Gazprominvestarena
• Gazprominvestholding
• Gazpromokhrana
• Gazpromrazvitiye
• Gazpromstroyengineering
• Gazsvyaz
• Informgaz
• Informgazinvest
• Irkutskgazprom
• IRTs Gazprom
• Kaspiygazprom
• Kavkaztransgaz
• Kubangazprom
• Lentransgaz
• Mostransgaz
• Mezhregiongaz
• Nadymgazprom
• Nadymstroygazdobycha
• NIIgazekonomika
• Novy Urengoy Gas Chemicals Company
• Noyabrskgazdobycha
• Science & Production Center Podzemgidromineral
• Orenburggazprom
• Permtransgaz
• Podzemgazprom
• Samaratransgaz
• Severgazprom
• Severneftegazprom – holder of the licenses to develop the Yuzhno-Russkoye field
• Sevmorneftegaz - holder of the licenses to develop the Shtokman and Prirazlomnoe fields.
• Surgutgazprom
• Szhizhenny gaz
• Tattransgaz
• Temryukmortrans
• Tomsktransgaz
• TyumenNIIgiprogaz
• Tyumentransgaz
• Uraltransgaz
• Urengoygazprom
• Volgogradtransgaz
• Volgotransgaz
• VNIIGAZ
• Yamalgazinvest
• Yamburggazdobycha
• Yugtransgaz

Gazpromavia is an airline based in Russia. ... The Yuzhno-Russkoye field is a Russian oil and gas field located in the Krasnoselkupsky District, Yamal-Nenets Autonomous Okrug, Tyumen Oblast. ... The Shtokman field, one of the worlds largest natural gas fields, lies in the Russian portion of the Barents Sea, 600 km north of Kola Peninsula. ...

Ownership over 50%

• Dialoggazservice
• Ditangaz
• Electrogaz
• Fora Gazprom
• Future Fatherland Fund
• Gazenergoservice
• Gazcom
• Gazmash
• Gazprombank
• Gazpromgeofizika
• Gazprom Neft
• GazpromPurInvest
• Gazpromtrubinvest
• Gaztelekom
• Giprogaztsentr
• Giprospetsgaz
• Krasnoyarskgazprom
• Orgenergogaz
• Promgaz
• SevKavNIPIgaz
• Sibur
• Tsentrenergogaz
• Tsentrgaz
• VNIPIgazdobycha
• Volgogaz
• Volgogradneftemash
• Vostokgazprom
• Zapsibgazprom
• Zarubezhneftegaz

Gazprom Neft (Russian: Газпром нефть), until 2005 called Sibneft (Russian: Сибнефть), is Russias fifth largest oil producing and refining company. ...

Ownership 50% or less

• Achimgaz (50%) - joint venture with BASF
• Caspian Oil Company
• GazAgroFriport
• Gaztransit
• Gaz-Truby
• Horizon Investment Company
• Novatek (19.9%)
• Prometey-Sochi
• RNKB
• Rosneftegazstroy
• Rosshelf
• SOGAZ
• Stroytransgaz
• TsentrKaspneftegaz (50%) - joint venture with Lukoil to develop Tsentralnaya field in the Caspian Sea (jointly with KazMunayGas)
• Tyumen Hotel
• Vega Investment Company
• VIP-Premier
• Vologdapromresurs
• YuzhNIIGiprogaz
• Zavod TBD

BASF may also historically refer to EMTEC, which was known as BASF for a short time after its founding. ... Originally known as OAO FIK Novafininvest, OAO Novatek is Russias largest independent natural gas producer, and second-largest in Russia overall after the Public/State-owned Gazprom. ... LUKoil logo. ... KazMunayGas is the state-owned oil and gas company of Kazakhstan. ...

Armenia

• Armrosgazprom (45%)

ArmRosGazprom (ARG) was founded in 1997 as a joint Russian Armenian natural gas pipeline project. ...

Austria

• GHW (50%)
• ZGG-Zarubezhgazneftechim Trading GmbH
• ZMB Gasspeicher Holding GmbH (66,67%)

Belarus

• Belgazprombank

Bulgaria

• Topenergo (100%)
• Overgas (50%)

Czech Republic

• Gas-Invest S.A. (37.5%)
• Vemex s.r.o. (33%)

Estonia

• Eesti Gaas AS (37.02%)

Eesti Gaas AS is the Estonian natural gas company, which imports and sells natural gas and owns and operates Estonian natural gas transmission system. ...

Finland

• Gasum Oy (25%)
• North Transgas Oy (100%) - former company for planning and constraction of North European Gas Pipeline

Gasum Oy is the Finnish importer and seller of natural gas, which owns and operates Finnish natural gas transmission system. ...

France

• Frangaz (50%)

Germany

• Agrogaz GmbH (100%)
• Ditgaz (49%)
• Verbundnetz Gas (5.3%)
• Gazprom Germania GmbH (100%)
• Wingas GmbH (35%) – a joint venture with Wintershall, the subsidiary of BASF
• Winthershall Erdgas Handelshaus GmbH & Co. KG (50%)
• ZMB GmbH (100%)

Wintershall AG is the largest crude oil and natural gas producer in Germany. ... BASF may also historically refer to EMTEC, which was known as BASF for a short time after its founding. ...

Greece

• Prometheus Gaz (50%)

Hungary

• Panrusgas Rt (40%)
• Borsodchem (25%)
• TVK (13.5%)
• DKG-EAST Co (38.1%)

Italy

• Volta SpA (49%)
• Promgas (50%)

Kazakhstan

• KazRosGaz (50%) - a joint venture with KazMunayGas

KazMunayGas is the state-owned oil and gas company of Kazakhstan. ...

Kyrgyzstan

• Munai Myrza

Latvia

• Latvijas Gāze (25%)

A/s Latvijas Gāze is the Latvian natural gas, which deals in the imports, transmission, storage and sales of the natural gas. ...

Lithuania

• Lietuvos Dujos (37.1%)
• Kaunas CHP (100%)
• Stella Vitae (30%)

AB Lietuvos Dujos is the Lithuanian natural gas company, which deals in the imports, transmission, distribution and sales of the natural gas. ...

Moldova

• Moldovagaz

The Netherlands

• BSPS B.V. (50%) - operator of the Blue Stream pipeline
• Gazprom Finance B.V.
• PeterGaz B.V.

Blue Stream is a major trans-Black Sea gas pipeline operated by the Russian gas monopoly Gazprom that carries natural gas from Russia into Turkey. ...

Poland

• EuRoPol Gaz (48%) – operator of the Polish section of Yamal-Europe pipeline

The Yamal-Europe natural gas pipeline is a 4,196-kilometer-long (2,607 mi) pipeline connecting natural gas fields on the Yamal peninsula, Russia, with Germany. ...

Romania

• WIROM (25%)

Serbia

• JugoRosGaz (50%)
• Progress Gas (50%)

Anthem: Bože pravde (English: God of Justice) Capital (and largest city) Belgrade Serbian written with the Cyrillic alphabet1 Government Republic  - Prime Minister Vojislav KoÅ¡tunica  - President Boris Tadić Establishment    - Formation 814   - First Serbian Uprising 1804   - Internationally recognized July 13, 1878   - Kingdom of SCS created December 1, 1918   - SCG dissolved...

Slovakia

• Slovrusgas (50%)
• SPP (16.3%)

Switzerland

• Baltic LNG AG (80%)
• Nord Stream AG (51%) – operator of the planned Nord Stream pipeline
• ZMB (Schweiz) AG (100%)

Nord Stream AG is a consortium for constraction and operation of the planned Nord Stream submarine pipeline between Vyborg in Russia and Greifswald in Germany. ... Nord Stream pipeline Nord Stream (former names: North Transgas and North European Gas Pipeline) is a planned natural gas pipeline from Russia to Germany. ...

Turkey

• Bosphorus Gaz Corporation AS (40%)
• Turusgaz

The United Kingdom

• Gazprom Marketing and Trading Limited (GM&T) (100%)
• Interconnector (UK) Limited (10%) - operator of the Interconnector pipeline

In early 1992, the UK Department of Energy brought together BP, British Gas, Conoco, Elf, Norsk Hydro and Statoil to study the idea of a cross-channel natural gas interconnector. ...

References

1. ^ Numbers from Financial Times: "Energy of the State", March 14, 2006; older data is available online at Gazprom reserve statistics
2. ^ Article about reserves after Sibneft acquisition
3. ^ Gazprom: Russia's Enron?, BusinessWeek online, February 18, 2002
4. ^ Gazprom and Hermitage Capital: Shareholder Activism in Russia, 2002, Stanford Graduate School of Business Case IB-36
5. ^ http://www.kommersant.com/tree.asp?rubric=3&node=33&doc_id=600194
6. ^ Hermitage news item about the raising of the stake of the Russian government to a controlling interest in 2004

The Financial Times (FT) is an international business newspaper printed on distinctive salmon pink broadsheet paper. ... March 14 is the 73rd day of the year in the Gregorian Calendar (74th in leap years) with 292 days remaining in the year. ... 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... BusinessWeek is a business magazine published by McGraw-Hill. ... For album titles with the same name, see 2002 (album). ...

See also

• List of Russian companies
• Gazpromavia
• Blue Stream - Major trans-Black Sea gas pipeline co-owned by Gazprom
• Nord Stream - Planned gas pipeline between Russia and Germany
• Russia-Ukraine gas dispute of 2005
• CentGas consortium
• Shtokman field

This is a list of companies from Russia. ... Gazpromavia is an airline based in Russia. ... Blue Stream is a major trans-Black Sea gas pipeline operated by the Russian gas monopoly Gazprom that carries natural gas from Russia into Turkey. ... Nord Stream pipeline Nord Stream (former names: North Transgas and North European Gas Pipeline) is a planned natural gas pipeline from Russia to Germany. ... -1... There are very few or no other articles that link to this one. ... The Shtokman field, one of the worlds largest natural gas fields, lies in the Russian portion of the Barents Sea, 600 km north of Kola Peninsula. ...

External links

• gazprom.com
• Data
  • Yahoo! - OAO Gazprom Company Profile
  • OAO Gazprom - 1992-2001 history of the company in Russian
• Articles
  • Michael Freedman and Heidi Brown: Energy Tsar, in: Forbes International, July 24, 2006
  • Alexander's Gas & Oil Connections - Gazprom
  • Guardian.co.uk: Gazprom bond in heavy demand
  • Businessweek article about 1998-2000 management scandals
  • Schroeder - Putin Pact: Germany and Russia Divide Europe Again
  • Russia - To Be Feared... For Now (analysis of Russia policy relevant to Gazprom)