Gazprom

Gazprom is the largest Russian company and the largest natural gas extractor in the world.http://www.gazprom.com/about/today/ The Russian Government holds 50.002% shares of this company.http://www.gazprom.com/about/today/ Gazprom is the sole gas supplier to Bosnia and Herzegovina, Estonia, Finland, Macedonia, Latvia, Lithuania, Moldova and Slovakia with 119 billion barrels in reserve.http://www.bsr-russia.com/oil-a-gas/item/47-gazprom-aims-for-market-value-of-$1-trillion.html

On January 1, 2009, Gazprom stopped the gas flow to Ukraine after the country said it would not pay the increase in prices Gazprom had proposed.http://www.iht.com/articles/2009/01/01/europe/gazprom.php Following this move, Gazprom attempted to silence international pressure by routing additional supply to Europe through Belarus on January 3, 2009.http://www.bloomberg.com/apps/news?pid=20601085&sid=aABIK3p_fe_I&refer=europe Talks between the European Union and government representatives in Moscow and Kiev in mid-January 2009 proved unsuccessful.http://www.reuters.com/article/reutersComService_3_MOLT/idUSTRE5062Q520090114

On November 30, 2010, Gazprom and Royal Dutch Shell announced that they would be acting in cooperation in exploring “new markets”.http://www.bloomberg.com/news/2010-11-30/gazprom-shell-agree-to-expand-projects-in-new-markets-russia.html Gazprom will take part in the oil and gas production and exploration operations of Shell. Western Siberia and eastern Russia were identified by the companies as potential joint projects.http://www.bloomberg.com/news/2010-11-30/gazprom-shell-agree-to-expand-projects-in-new-markets-russia.html Joint projects that involve the processing of the oil and gas products may also be a part of this joint cooperation in the future, although the companies refused to comment on specifics.http://www.ft.com/cms/s/0/97988602-fcb4-11df-bfdd-00144feab49a.html#axzz16pDpRpqY

Gazprom stopped the gas flow to Ukraine on January 1, 2009, after the country said it would not pay the increase in prices Gazprom had proposed. The country said it had enough reserves to meet demands for three months and the move was not likely to immediately affect gas supply in Ukraine. The shutoff was the second time in the last three years that Gazprom had cut off supplies to the country. The move was not expected to raise gas prices in the near future.http://www.iht.com/articles/2009/01/01/europe/gazprom.php

When former Russian president Boris Yeltsin appointed former Gazprom head Victor Chernomyrdin as Prime Minister in 1992, Gazprom's political influence grew markedly. In 1993 the government started a program to distribute purchasing options to the public, allowing citizens to buy shares in the formerly state owned business.

1. 1989: Gazprom was foundedhttp://www.gazprom.com/about/history/chronicle/1989/
2. 1993: Gazprom is privatizedhttp://www.gazprom.com/about/history/chronicle/1989/

• Centrica

• N.V. Nederlandse Gasunie

• OAO LUKOILhttp://www.hoovers.com/company/OAO_Gazprom/htckki-1.html

• Natural gas provider

• Exploration

• Natural gas processing

• Natural gas transport

• Natural gas marketinghttp://www.hoovers.com/company/OAO_Gazprom/htckki-1.html