Gazprom Company Description
Gazprom, Russia's largest company, produces 83% of the nation's natural gas, controls 17% of the world's reserves, and is also the world's largest gas producer. The company is engaged in gas exploration, processing, transport, and marketing. It operates Russia's domestic gas pipeline network and delivers gas to countries across Central Asia and Europe. Gazprom relies heavily on Western exports. It also holds stakes in Russian financial institutions, a polypropylene plant, and its own telecom network. The Russian government has boosted its stake in Gazprom from 38% to just more than 50%. Gazprom accounts for about 25% of Russia's tax revenues.
View the Comprehensive Company Description for Gazprom
The Company Description provides a historical perspective of Gazprom's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Gazprom's evolution in the marketplace.
