Gazprom acquired NTV, Russia's only nationwide state-independent television station from Vladimir Gusinsky's company, Media-Most holdings. In 2002, the Gazprom subsidiary Gazprom Media acquired all of Gusinsky's shares in companies held by Media-Most. In September 2005, Gazprom bought 72.633 percent of the oil company Sibneft for $13.01 billion. Sibneft was renamed Gazprom Neft. The purchase was aided by a $12 billion loan. Gazprom became Russia's largest company. On the day of the deal the company worth was valued at £69.7 billion (US$123.2 billion.) In December 2006, Gazprom signed an agreement with Royal Dutch Shell, Mitsui and Mitsubishi, to take over fifty percent
Central Energy Italian Gas Holding Central Energy Italian Gas Holding Central Energy Italian Inc is a gas distribution and trade company. It is a part of the Central Energy ], a company related to Gazprom. A deal between Italian Eni and Gazprom picked CEI as a partner delivering gas to Italy. Investigations by members of the Italian parliament revealed that Bruno Mentasti-Granelli, who is known as a close friend of Italian Prime Minister Silvio Berlusconi, owns 33 percent of CEIGH through two companies, Hexagon Prima and Hexagon Seconda. The deal was denounced due to the spreading scandal. Italian parliament blocked the contract, accusing Berlusconi of