Thursday, September 4, 2008

Gazprom Газпром

Gazprom is the largest Russian company and the largest extractor of natural gas in the world.

Gazprom, with 119 billion barrels (1.89×1010 m3) of reserves, ranks behind only Saudi Arabia, with 263 billion barrels (4.18×1010 m3), and Iran, with 133 billion barrels (2.11×1010 m3), as the world's biggest owner of oil and oil equivalent in natural gas.

Gazprom was the sole gas supplier to at least Bosnia and Herzegovina, Estonia, Finland, Republic of Macedonia, 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.The European Union as a whole gets about 25 percent of its gas supplies from this company.

As measured by its market capitalization as of May 2008 (US$348 billion),[8] Gazprom is the world's third largest corporation following this measure.

read more at http://en.wikipedia.org/wiki/Gazprom

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