History
Gazprom was founded in 1992-93, in accordance with 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. Gazprom's shares have been traded at the Federal stock exchange since 1996. Gazprom has made business agreements with many countries. The company has been involved in many important projects in the course of its history.Mission
The mission of Gazprom includes:- Enhancing core business efficiency
- Diversifying and expanding business activities (new markets, transmission routes, products), including through high efficiency projects ensuring development of high value-added products
- Meeting interests of the stockholders
- Streamlining corporate governance, increasing business transparency
Scope of Operation
Production
- Gas resources
- Gas production
- Transportation
- Processing
- Power Industry
Distribution
Key Statistics- Assets of $168.80 billion
- Profits of $14.86 billion in 2006
- Operations in Russia, Europe, CIS and Baltic countries, USA, Japan, and South Korea
- 396,571 employees
The organization is managed by:
- Board of Directors
- Management Committee
International Ranking
- 53rd in the world according to Forbes Magazine list
- 102nd in Fortune Global 500 list
Subsidiaries
Gazprom has several subsidiaries. These can be listed as:- 100% ownership - 62 subsidiaries
- 50% or more ownership — 44 subsidiaries
- Less than 50% ownership — 59 subsidiaries
