Gazprom to Gazprom for a fee. In June 2005, Gazprombank, Gazpromivest Holding, Gazfond and Gazprom Finance B. V., subsidiaries of Gazprom, sold a 10.7399% share of their stock for $7 billion to , a state owned company. Some analysts said the amount paid by Rosneftegaz for the stock was too low. The sale was completed by 25 December 2005. With the purchased stock and the thirty-eight percent share held by the State Property Committee, the Government of Russia gained control of Gazprom. The Government of Russia revoked the Gazprom twenty percent foreign ownership rule and the company became open to foreign
Department of Energy (Philippines) 9367 or "Biofuels Act of 2006", and RA No. 9513 or "Renewable Energy Act of 2008. The Department is headed by the Secretary of Energy who is assisted by three Undersecretaries and three Assistant Secretaries. Under the Department are the Administrative Service, Financial Service, Information Technology and Management Service, Legal Service and Energy Research Testing and Laboratory Service. The Department is composed of the following bureaus: The following units, agencies and corporations are attached to the Department: Due to the rapid growth of the country's population and the interrelated growing of the country's demand for energy, the Department of Energy