Gazprom Neft attempted a merger with Yukos that would have created Russia's largest oil company, YukosSibneft. The first attempt in 1998 failed over a management dispute, while second time round Sibneft's shareholders called off the deal in November 2003 after the federal government cracked down on Yukos despite the process already being well under way. In September 2005, Gazprom bought 75.7% of Sibneft's shares from Millhouse Capital (Roman Abramovich’s investment vehicle) for US$13.1 billion in Russia's largest corporate takeover. In May 2006, Sibneft was renamed Gazprom Neft. In 2006 Alexander Dyukov was elected as CEO of the company and in 2008 he
Gazprom Space Systems Gazprom Space Systems OJSC Gazprom Space Systems (), previously known as (Gazcom) (), is a Russian communications satellite operator and developer. Gascom currently operates the Yamal telecommunication satellites, initially designed and built jointly with the Energia space corporation. The satellites are used to transmit over 60 Russian and foreign television channels, and are also used by the Defense, Nuclear Energy, and Education Ministries. The gas company Gazprom accounts for 17% of the use of Gascom's services. Government structures use 10%, corporate and commercial service providers 51%, and commercial television companies 22%. Gascom experienced high growth rates in the early 21st